EHealth CareEIN: 383236977· Ruling Year: 1995

Aspirus Iron River Hospital & Clinics Inc

Iron River, Michigan

B-Health Score
47B-

Financial Health Score

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

Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.20×
Peer Median8.62×
💰
$39.2M
Total Revenue
📊
$41.0M
Total Expenses
🏦
$8.4M
Net Assets
📋
$20.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.1%
Year-over-year change (2022 → 2023)
Net Margin
-4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.20
Net assets divided by total expenses
Liabilities-to-Assets
71.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$39,155,2242%$41,025,5873%$29,017,92116%
2022$39,988,5135%$39,808,8438%$34,664,1047%
2021$38,259,1054%$36,954,3238%$37,384,4743%
2020$39,876,6022%$40,278,3458%$38,373,66521%
2019$40,859,0898%$43,879,7985%$31,829,5806%
2018$44,261,3735%$46,024,1477%$33,695,79010%
2017$42,256,6271%$43,195,4612%$37,541,5702%
2016$41,699,575108%$42,403,637115%$36,771,3418%
2015$20,042,26646%$19,753,30849%$39,910,4576%
2014$37,308,4801%$38,427,4033%$37,595,4377%
2013$37,576,5356%$39,676,4513%$35,210,928
2012$40,054,6078%$40,794,6578%$35,383,6892%
2011$37,137,396$37,910,333$34,633,921

Frequently Asked Questions

What does Aspirus Iron River Hospital & Clinics Inc do?

Aspirus Iron River Hospital & Clinics Inc is a health care nonprofit organization based in Michigan. It is classified under NTEE code E200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Aspirus Iron River Hospital & Clinics Inc financially healthy?

Based on our 9-metric Financial Health Score model, Aspirus Iron River Hospital & Clinics Inc has a score of 47/100 (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 Iron River Hospital & Clinics Inc generate?

Aspirus Iron River Hospital & Clinics Inc reports $41.2M in annual revenue and holds $27.1M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Health Care category, or browse all nonprofits in Michigan.

Aspirus Iron River Hospital & Clinics Inc — Iron River, MI | GiveScope