EHealth CareEIN: 381359265

Mary Free Bed Rehabilitation Hospital

Grand Rapids, Michigan

B+Health Score
72B+

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 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.87×
Peer Median0.50×
💰
$176.2M
Total Revenue
📊
$172.5M
Total Expenses
🏦
$150.9M
Net Assets
📋
$82.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.2%
Year-over-year change (2022 → 2023)
Net Margin
+2.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.87
Net assets divided by total expenses
Liabilities-to-Assets
35.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$176,242,6887%$172,470,8927%$233,232,7613%
2022$164,369,2167%$161,548,85713%$226,651,08311%
2021$154,206,6615%$142,760,8566%$203,980,04920%
2020$146,470,1676%$134,370,2587%$169,465,7318%
2019$138,592,36222%$125,297,04019%$156,777,1386%
2018$113,391,48415%$105,071,20918%$148,007,41111%
2017$98,669,00813%$88,995,17414%$133,654,27012%
2016$87,278,05916%$78,351,8888%$119,494,0914%
2015$75,085,5842%$72,824,5445%$114,903,72011%
2014$73,624,09514%$69,110,96817%$103,566,35711%
2013$64,757,35217%$59,061,58917%$93,521,76527%
2012$55,411,15919%$50,662,38413%$73,913,775
2011$46,446,907$44,981,800$73,999,442

Frequently Asked Questions

What does Mary Free Bed Rehabilitation Hospital do?

Mary Free Bed Rehabilitation Hospital is a health care nonprofit organization based in Michigan. It is classified under NTEE code E240 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mary Free Bed Rehabilitation Hospital financially healthy?

Based on our 9-metric Financial Health Score model, Mary Free Bed Rehabilitation Hospital has a score of 72/100 (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 Mary Free Bed Rehabilitation Hospital generate?

Mary Free Bed Rehabilitation Hospital reports $223.2M in annual revenue and holds $275.0M in total assets, based on IRS filings.

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