Trinity Health Grand Haven Hospital

Analysis

Trinity Health Grand Haven Hospital is a registered charity in United States, based in Grand Haven, MI. It received its IRS tax-exemption ruling in March 1997, 29 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, Trinity Health Grand Haven Hospital reported income of $52.7m and spending of $53.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $59.7m to $52.7m (-12%), an average of -3.0% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trinity Health Grand Haven Hospital sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include Healthpartners Institute ($52.6m), Carmel Richmond Nursing Home Inc ($52.7m) and Northern California Institute for Research and Education Inc ($52.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $555k (1.0% of expenses). Other salaries and wages came to $17.4m. At year end it held assets of $31.3m against liabilities of $16.0m, net assets of $15.2m. It reported 642 employees.