E — Health CareEIN: 381360584

Edward W Sparrow Hospital Association

Lansing, Michigan

B-Health Score
54B-

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 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.16×
Peer Median0.58×
💰
$524.3M
Total Revenue
📊
$605.0M
Total Expenses
🏦
$702.0M
Net Assets
📋
$630.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-49.2%
Year-over-year change (2022 → 2023)
Net Margin
-15.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.16
Net assets divided by total expenses
Liabilities-to-Assets
47.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$524,310,048↓49%$604,998,614↓47%$1,332,758,056↓6%
2022$1,031,480,285↓8%$1,145,600,461↑3%$1,418,560,977↓14%
2021$1,124,443,458↑12%$1,116,593,182↑11%$1,648,951,609↑1%
2020$1,007,119,919↑1%$1,007,425,092↑3%$1,639,507,874↑11%
2019$1,000,419,453↑2%$979,871,722↑4%$1,474,682,154↑6%
2018$977,341,788↑3%$940,021,737↑1%$1,397,412,409↓2%
2017$951,898,549↓1%$930,928,747↑1%$1,430,381,114↑5%
2016$960,178,583$919,639,832↑3%$1,361,393,716↑5%
2015$961,784,708↑7%$889,846,358↑7%$1,294,207,078↑7%
2014$897,813,465↓2%$829,822,197↓4%$1,204,134,312↑6%
2013$911,718,159↑5%$862,678,929↑4%$1,135,510,386↑9%
2012$870,499,681↑6%$831,715,613↑6%$1,044,015,063↑18%
2011$822,801,358$782,913,552$885,092,601

Frequently Asked Questions

What does Edward W Sparrow Hospital Association do?▼

Edward W Sparrow Hospital Association 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 Edward W Sparrow Hospital Association financially healthy?▼

Based on our 9-metric Financial Health Score model, Edward W Sparrow Hospital Association has a score of 54/100 (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 Edward W Sparrow Hospital Association generate?▼

Edward W Sparrow Hospital Association reports $1.2B in annual revenue and holds $1.3B in total assets, based on IRS filings.

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