Mymichigan Medical Center Saginaw

Analysis

Mymichigan Medical Center Saginaw is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in March 2025. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mymichigan Medical Center Saginaw reported income of $282.9m and spending of $350.0m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $255.4m to $282.9m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 117% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mymichigan Medical Center Saginaw sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MI. Charities of a similar size with the same main cause include Public Health Solutions ($282.8m), Saint Lukes Health System Inc ($283.2m) and Houston Hospitals Inc ($282.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.4m (0.7% of expenses). Other salaries and wages came to $129.8m. At year end it held assets of $207.9m against liabilities of $160.9m, net assets of $47.0m. It reported 2,205 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.