EHealth CareEIN: 383330803· Ruling Year: 1997

Trinity Health Grand Haven Hospital

Grand Haven, Michigan

B-Health Score
51B-

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 Org0.29×
Peer Median8.62×
💰
$52.7M
Total Revenue
📊
$53.3M
Total Expenses
🏦
$15.2M
Net Assets
📋
$16.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.2%
Year-over-year change (2022 → 2023)
Net Margin
-1.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.29
Net assets divided by total expenses
Liabilities-to-Assets
51.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$52,701,6846%$53,303,8894%$31,277,4537%
2022$56,157,3618%$55,622,6541%$33,801,14213%
2021$61,152,64317%$56,195,1406%$38,798,37810%
2020$52,129,93913%$52,892,56911%$43,092,06131%
2019$59,651,1097%$59,370,22216%$32,928,57010%
2018$63,996,144$70,681,9645%$36,446,30616%
2017$63,678,0898%$74,144,3133%$43,271,86524%
2016$68,963,8352%$72,240,3754%$56,636,6829%
2015$70,033,9123%$69,661,8622%$52,157,5865%
2014$67,992,1534%$68,372,3055%$49,875,7781%
2013$65,127,15919%$65,323,9643%$49,193,9175%
2012$54,709,2608%$63,133,5636%$51,969,003
2011$59,702,573$59,467,467$52,065,944

Frequently Asked Questions

What does Trinity Health Grand Haven Hospital do?

Trinity Health Grand Haven Hospital is a health care nonprofit organization based in Michigan. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Trinity Health Grand Haven Hospital financially healthy?

Based on our 9-metric Financial Health Score model, Trinity Health Grand Haven Hospital has a score of 51/100 (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 Trinity Health Grand Haven Hospital generate?

Trinity Health Grand Haven Hospital reports $61.0M in annual revenue and holds $38.3M in total assets, based on IRS filings.

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