Health Care
(E200)
IRS Verified
DX Registered
990 on File
HENRY FORD MACOMB HOSPITAL CORPORATION
Financial strength (30%)
68/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$645.4M
Total Revenue
$630.5M
Total Expenses
$381.7M
Net Assets
3957
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.4%
Fundraising Efficiency
204.4%
Operating Reserve
7.27x
Liability-to-Asset
39.7%
Revenue Diversification
97.5%
Executive Compensation
$2.6M
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
|
94.4% | 87.3% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.6% | 12.7% |
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
|
204.4% | 478.2% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.3 mo | 6.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
39.7% | 46.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.5% | 96.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
0.8% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.2% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.3% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $645.4M | $630.5M | $381.7M | 94.4% | 3957 |
| 2022 | $640.6M | $631.9M | $194.9M | 97.6% | 4108 |
| 2021 | $653.6M | $619.1M | N/A | — | 4156 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.