McLaren Greater Lansing

Analysis

McLaren Greater Lansing is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in July 1950, 76 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 September 2023, McLaren Greater Lansing reported income of $519.2m and spending of $491.5m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $397.4m to $519.2m (+31%), an average of +6.9% a year. The sharpest change came in the year to September 2023, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McLaren Greater Lansing sits at the 98th percentile: it is larger than about 98% 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 Northern Westchester Hospital Association ($519.0m), Southern Ohio Medical Center ($520.0m) and McLaren Flint ($517.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.3m (0.5% of expenses). Other salaries and wages came to $167.3m. At year end it held assets of $797.4m against liabilities of $733.0m, net assets of $64.3m. It reported 2,641 employees.