Grand Itasca Clinic and Hospital
Grand Rapids, Minnesota
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $122,233,895↑5% | $117,575,949↑9% | $99,009,930↑17% | — |
| 2022 | $116,492,227↓5% | $108,085,446 | $84,488,316↑9% | — |
| 2021 | $122,916,480↑19% | $107,740,453↑11% | $77,773,462↑9% | — |
| 2020 | $103,118,780↑6% | $96,805,702↑3% | $71,663,098↑19% | — |
| 2019 | $97,048,489↑7% | $94,210,341↑6% | $60,436,620↓23% | — |
| 2018 | $90,909,519↓59% | $88,749,470↑7% | $78,502,474↑34% | — |
| 2017 | $221,229,878↑158% | $83,066,799↓5% | $58,607,872↓21% | — |
| 2016 | $85,769,887↑13% | $87,137,382↑3% | $73,983,492↓4% | — |
| 2015 | $76,043,471↑1% | $84,665,206↑6% | $77,400,313↓6% | — |
| 2014 | $74,959,956↓5% | $79,784,795↑2% | $82,047,950↓5% | — |
| 2013 | $78,719,343↑9% | $78,599,129↑6% | $86,748,316 | — |
| 2012 | $72,063,529↓5% | $74,485,176 | $87,144,906↓5% | — |
| 2011 | $76,061,205↑113% | $74,482,136↑117% | $91,295,839↑3% | — |
| 2010 | $35,687,721 | $34,399,115 | $88,939,608 | — |
Frequently Asked Questions
What does Grand Itasca Clinic and Hospital do?▼
Grand Itasca Clinic and Hospital is a health care nonprofit organization based in Minnesota. It is classified under NTEE code E20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Grand Itasca Clinic and Hospital financially healthy?▼
Based on our 9-metric Financial Health Score model, Grand Itasca Clinic and Hospital has a score of 66/100 (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 Grand Itasca Clinic and Hospital generate?▼
Grand Itasca Clinic and Hospital reports $140.2M in annual revenue and holds $104.9M in total assets, based on IRS filings.
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