Sparrow Foundation
Lansing, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,070,449↓78% | $1,703,770↓62% | $36,271,217↓2% | — |
| 2022 | $14,030,550↑81% | $4,496,179↑19% | $36,896,673↑17% | — |
| 2021 | $7,751,480↑60% | $3,793,246↑11% | $31,611,977↑40% | — |
| 2020 | $4,844,519↑6% | $3,420,087↓13% | $22,549,353↑10% | — |
| 2019 | $4,570,149↓13% | $3,947,302↓25% | $20,512,072↑15% | — |
| 2018 | $5,240,318↑3% | $5,256,069↓53% | $17,808,783↓9% | — |
| 2017 | $5,087,353↑23% | $11,202,365↑123% | $19,606,605↓21% | — |
| 2016 | $4,135,405↓20% | $5,029,617↑54% | $24,881,014↑1% | — |
| 2015 | $5,190,434↓31% | $3,271,630↑2% | $24,637,285↑14% | — |
| 2014 | $7,496,577↑59% | $3,200,913↓6% | $21,607,829↑28% | — |
| 2013 | $4,713,891↑5% | $3,418,856↑17% | $16,892,749↑16% | — |
| 2012 | $4,510,205↑32% | $2,915,185 | $14,527,615↑19% | — |
| 2011 | $3,419,437 | $2,922,553 | $12,182,449 | — |
Frequently Asked Questions
What does Sparrow Foundation do?▼
Sparrow Foundation is a health care nonprofit organization based in Michigan. It is classified under NTEE code E12 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Sparrow Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Sparrow Foundation has a score of 70/100 (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 Sparrow Foundation generate?▼
Sparrow Foundation reports $5.1M in annual revenue and holds $38.0M in total assets, based on IRS filings.
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