Charity Search / HENRY FORD WYANDOTTE HOSPITAL CORPORATION
Health Care (E220) IRS Verified DX Registered 990 on File

HENRY FORD WYANDOTTE HOSPITAL CORPORATION

EIN: 38-2791823 · DETROIT, MI 48202-3450 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 61/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$470.3M
Total Revenue
$435.0M
Total Expenses
$206.9M
Net Assets
2788
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.1%
Fundraising Efficiency 149.0%
Operating Reserve 5.71x
Liability-to-Asset 31.0%
Revenue Diversification 97.9%
Executive Compensation $1.3M
Compared with Peers
FY 2024
Compared with 938 similar organizations (United States, Health Care, $100M and over in expenses), FY 2024.
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
98.1% 87.7%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
1.9% 12.3%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
149.0% 565.8%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
5.7 mo 6.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
31.0% 44.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
97.9% 96.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
15.3% 9.1%
P10P90
Expense growth
Year over year expense growth
10.1% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
7.5% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $470.3M $435.0M $206.9M 98.1% 2788
2023 $407.8M $395.2M $152.9M 98.0% 2682
2022 $386.8M $375.0M $133.5M 98.0% 2728
2021 $387.2M $372.5M N/A — 2830
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Organization Details
EIN
38-2791823
State
MI
City
DETROIT
ZIP
48202-3450
Classification
E220
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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