ZUnclassifiedEIN: 381518643

Mymichigan Medical Center Clare

Midland, Michigan

A-Health Score
81A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.78×
Peer Median0.87×
💰
$75.6M
Total Revenue
📊
$70.6M
Total Expenses
🏦
$55.0M
Net Assets
📋
$10.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.5%
Year-over-year change (2022 → 2023)
Net Margin
+6.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.78
Net assets divided by total expenses
Liabilities-to-Assets
16.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$75,615,950$70,611,90517%$65,923,7776%
2022$75,977,94324%$60,467,2354%$62,473,9453%
2021$61,209,0237%$58,275,7459%$64,155,56416%
2020$57,370,012$53,466,5522%$55,331,24424%
2019$57,378,5127%$52,391,9753%$44,488,2897%
2018$53,542,0773%$50,711,6303%$41,441,0183%
2017$51,929,5731%$49,125,1384%$42,546,3901%
2016$52,339,02315%$47,242,5958%$42,128,76113%
2015$45,536,4703%$43,747,519$37,260,4431%
2014$44,424,2972%$43,589,532$36,940,10412%
2013$45,163,2566%$43,691,61013%$41,863,2446%
2012$47,836,2232%$50,127,2057%$39,348,9209%
2011$46,679,480$46,906,049$43,087,648

Frequently Asked Questions

What does Mymichigan Medical Center Clare do?

Mymichigan Medical Center Clare is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mymichigan Medical Center Clare financially healthy?

Based on our 9-metric Financial Health Score model, Mymichigan Medical Center Clare has a score of 81/100 (Grade: A-). 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 Mymichigan Medical Center Clare generate?

Mymichigan Medical Center Clare reports $112.7M in annual revenue and holds $97.0M in total assets, based on IRS filings.

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