McLaren Flint

Analysis

McLaren Flint is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in March 1982, 44 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 Flint reported income of $517.9m and spending of $493.6m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $467.9m to $517.9m (+11%), an average of +2.6% 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 Flint 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 Robert Packer Hospital ($517.7m), Northern Westchester Hospital Association ($519.0m) and Valley Presbyterian Hospital ($517.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $490k (0.1% of expenses). Other salaries and wages came to $203.2m. At year end it held assets of $537.8m against liabilities of $221.0m, net assets of $316.8m. It reported 2,728 employees.