Health Care
(E220)
990 on File
MYMICHIGAN MEDICAL CENTER MIDLAND
Financial strength (30%)
72/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$620.5M
Total Revenue
$617.7M
Total Expenses
$750.3M
Net Assets
3765
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.6%
Fundraising Efficiency
N/A
Operating Reserve
14.57x
Liability-to-Asset
27.7%
Revenue Diversification
93.9%
Executive Compensation
$1.0M
Compared with Peers
FY 2023
Compared with 1,811 similar organizations
(United States, Health Care, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.6% | 87.3% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.3% | 12.7% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.6 mo | 6.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
27.7% | 46.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.9% | 96.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-16.7% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.3% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.5% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $620.5M | $617.7M | $750.3M | 89.6% | 3765 |
| 2022 | $744.7M | $565.4M | $679.7M | 88.4% | 3521 |
| 2021 | $584.7M | $546.2M | N/A | — | 3176 |
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