Sparrow Ionia Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 15,390,391 | 15,043,219 | 347,172 | 3.4 | 34% |
| 2011 | 30,742,079 | 30,669,807 | 72,272 | 1.8 | 39% |
| 2012 | 33,503,521 | 32,645,529 | 857,992 | 2.0 | 39% |
| 2013 | 35,298,077 | 35,689,936 | −391,859 | 1.7 | 35% |
| 2014 | 33,134,664 | 36,265,676 | −3,131,012 | 0.6 | 37% |
| 2015 | 39,450,631 | 40,011,180 | −560,549 | 7.9 | 41% |
| 2016 | 47,892,846 | 47,121,668 | 771,178 | 6.9 | 41% |
| 2017 | 48,633,937 | 49,199,669 | −565,732 | 6.5 | 42% |
| 2018 | 53,178,995 | 50,991,600 | 2,187,395 | 6.8 | 40% |
| 2019 | 58,142,034 | 55,262,847 | 2,879,187 | 6.9 | 39% |
| 2020 | 60,974,619 | 53,707,432 | 7,267,187 | 8.7 | 39% |
| 2021 | 66,036,782 | 57,402,358 | 8,634,424 | 9.9 | 38% |
| 2022 | 69,405,348 | 59,597,353 | 9,807,995 | 11.4 | 44% |
| 2023 | 34,524,806 | 28,555,951 | 5,968,855 | 26.4 | 44% |
In its most recent public year (2023), this organization brought in $5,968,855 more than it spent. Its reserves stood at about 26.4 months of spending, up from 3.4 in 2010. Staff pay was 44% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Sparrow Ionia Hospital's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works