Sparrow Clinton Hospital

Analysis

Sparrow Clinton Hospital is a registered charity in United States, based in Saint Johns, MI. It received its IRS tax-exemption ruling in March 1937, 89 years ago. 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, Sparrow Clinton Hospital reported income of $36.7m and spending of $26.3m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income fell from $56.1m to $36.7m (-35%), an average of -10% a year. The sharpest change came in the year to June 2023, when income dropped by 49%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sparrow Clinton Hospital sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Positive Education Program ($36.7m), Boston Mountain Rural Health Center Inc ($36.7m) and Henry County Hospital Inc ($36.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $127k (0.5% of expenses). Other salaries and wages came to $11.5m. At year end it held assets of $193.2m against liabilities of $10.8m, net assets of $182.4m.