PHuman ServicesEIN: 382293985· Ruling Year: 1982

Hospice Care Of Southwest Michigan

Kalamazoo, Michigan

B+Health Score
68B+

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 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.07×
Peer Median7.39×
💰
$46.4M
Total Revenue
📊
$51.3M
Total Expenses
🏦
$54.8M
Net Assets
📋
$8.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.2%
Year-over-year change (2022 → 2023)
Net Margin
-10.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.07
Net assets divided by total expenses
Liabilities-to-Assets
13.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$46,416,5245%$51,328,4627%$63,293,436
2022$44,121,3795%$48,185,76716%$63,346,11616%
2021$46,603,50625%$41,496,29519%$74,966,4179%
2020$37,410,05330%$34,849,10024%$68,641,94226%
2019$28,775,84313%$28,142,97120%$54,407,73113%
2018$25,355,2575%$23,409,09811%$48,260,8001%
2017$24,180,15528%$21,110,52926%$48,589,75910%
2016$18,819,18611%$16,780,28911%$44,181,60510%
2015$16,911,2224%$15,163,798$40,146,9931%
2014$16,280,1043%$15,199,7731%$40,437,235
2013$16,825,5514%$15,287,3349%$40,402,0089%
2012$16,147,1465%$14,065,8711%$37,053,2868%
2011$16,988,322$14,279,289$34,209,124

Frequently Asked Questions

What does Hospice Care Of Southwest Michigan do?

Hospice Care Of Southwest Michigan is a human services nonprofit organization based in Michigan. It is classified under NTEE code P74Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hospice Care Of Southwest Michigan financially healthy?

Based on our 9-metric Financial Health Score model, Hospice Care Of Southwest Michigan has a score of 68/100 (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 Hospice Care Of Southwest Michigan generate?

Hospice Care Of Southwest Michigan reports $44.5M in annual revenue and holds $66.6M in total assets, based on IRS filings.

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Hospice Care Of Southwest Michigan — Kalamazoo, MI | GiveScope