Schoolcraft Memorial Hospital
Manistique, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $56,179,091↑13% | $56,882,816↑13% | $49,862,336↑13% | — |
| 2022 | $49,687,136↓4% | $50,499,954↑5% | $44,012,981 | — |
| 2021 | $51,651,017↑18% | $48,000,116↑12% | $44,098,410↑8% | — |
| 2020 | $43,906,748↑13% | $42,966,011↑8% | $40,648,990↑18% | — |
| 2019 | $38,776,321↓4% | $39,794,824↑1% | $34,456,660↑6% | — |
| 2018 | $40,376,021↑9% | $39,431,697↑14% | $32,493,639↑4% | — |
| 2017 | $36,882,674↑21% | $34,726,867↑12% | $31,107,319↑2% | — |
| 2016 | $30,388,507↑7% | $30,870,432↑5% | $30,435,340↓1% | — |
| 2015 | $28,496,834↑3% | $29,323,967↑5% | $30,810,200↑4% | — |
| 2014 | $27,558,313↑9% | $28,014,325↑4% | $29,702,933↓1% | — |
| 2013 | $25,179,271↑8% | $27,003,184↑10% | $29,927,899↑17% | — |
| 2012 | $23,236,051↑1% | $24,465,699↑8% | $25,660,372↑75% | — |
| 2011 | $23,044,667 | $22,754,215 | $14,642,892 | — |
Frequently Asked Questions
What does Schoolcraft Memorial Hospital do?▼
Schoolcraft Memorial Hospital is a health care nonprofit organization based in Michigan. It is classified under NTEE code E20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Schoolcraft Memorial Hospital financially healthy?▼
Based on our 9-metric Financial Health Score model, Schoolcraft Memorial Hospital has a score of 43/100 (Grade: C). 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 Schoolcraft Memorial Hospital generate?▼
Schoolcraft Memorial Hospital reports $72.0M in annual revenue and holds $55.1M in total assets, based on IRS filings.
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