EHealth CareEIN: 382908586· Ruling Year: 1990

Aspirus Ironwood Hospital & Clinics Inc

Ironwood, Michigan

BHealth Score
57B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.32×
Peer Median8.62×
💰
$74.2M
Total Revenue
📊
$69.8M
Total Expenses
🏦
$22.5M
Net Assets
📋
$25.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.3%
Year-over-year change (2022 → 2023)
Net Margin
+5.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
53.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$74,189,511$69,805,4164%$48,096,33834%
2022$74,400,615$67,154,0217%$72,385,4247%
2021$74,261,01918%$62,784,3222%$77,443,3171%
2020$62,949,562$61,359,2301%$76,634,28310%
2019$62,887,5896%$62,032,4821%$69,357,0677%
2018$59,487,8886%$61,682,2312%$74,433,0171%
2017$63,489,8208%$60,372,8986%$75,312,26722%
2016$58,762,67810%$56,829,45511%$61,560,63716%
2015$53,239,58932%$51,377,21354%$53,270,5234%
2014$40,329,5278%$33,265,2107%$55,266,00026%
2013$37,308,78514%$31,011,1028%$43,871,01322%
2012$32,606,94592%$28,611,96382%$35,951,02612%
2011$17,002,70648%$15,688,99348%$40,952,41417%
2010$32,735,305$30,405,723$34,886,544

Frequently Asked Questions

What does Aspirus Ironwood Hospital & Clinics Inc do?

Aspirus Ironwood Hospital & Clinics Inc is a health care nonprofit organization based in Michigan. It is classified under NTEE code E22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Aspirus Ironwood Hospital & Clinics Inc financially healthy?

Based on our 9-metric Financial Health Score model, Aspirus Ironwood Hospital & Clinics Inc has a score of 57/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Aspirus Ironwood Hospital & Clinics Inc generate?

Aspirus Ironwood Hospital & Clinics Inc reports $78.3M in annual revenue and holds $52.7M in total assets, based on IRS filings.

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