McLaren Bay Region

Analysis

McLaren Bay Region is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in July 1972, 54 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 Bay Region reported income of $327.4m and spending of $346.4m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $351.9m to $327.4m (-7.0%), an average of -1.8% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McLaren Bay Region 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 North East Medical Services ($327.0m), Promedica Health System Inc ($327.9m) and Ingalls Memorial Hospital ($326.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.3m (0.4% of expenses). Other salaries and wages came to $132.6m. At year end it held assets of $401.9m against liabilities of $93.2m, net assets of $308.8m. It reported 2,198 employees.