nonprofit · EIN 38-1456056 · MI
How much does SCHEURER HOSPITAL raise and spend?
SCHEURER HOSPITAL (MI, EIN 38-1456056) reported $60.7M in revenue and $58.4M in expenses for tax year 2023, with $44.4M in net assets (9.1 months of reserves). By expenses that ranks 6,883 of 539,974 e-filers, 2,409 of 20,245 in NTEE E: Health Care, 203 of 14,475 nonprofits in michigan.
What stands out
SCHEURER HOSPITAL (MI, EIN 38-1456056) reported $60.7M in revenue and $58.4M in expenses for tax year 2023, with $44.4M in net assets (9.1 months of reserves). By expenses that ranks 6,883 of 539,974 e-filers, 2,409 of 20,245 in NTEE E: Health Care, 203 of 14,475 nonprofits in michigan. Against NTEE E: Health Care: months of reserves 9.1 months, below the peer median of 10.2 months; officer compensation share of expenses 1.7%, below the peer median of 3.5%; contributions share of revenue 2.1%, below the peer median of 38.7%; surplus margin 3.7%, above the peer median of 2.9%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $60.7M | $887.4k | $21.6M | $194.7k |
| Total expenses | $58.4M | $792.8k | $20.9M | $178.5k |
| Total assets | $53.7M | $2.9M | $29.9M | $775.3k |
| Net assets | $44.4M | $1.6M | $17.0M | $622.5k |
| Officer compensation (total per organisation) | $975.0k | $271.5k | $609.0k | $113.0k |
| Program service revenue share | 91.8% | 40.3% | 74.7% | 13.8% |
| Contributions share of revenue | 2.1% | 38.7% | 13.8% | 57.5% |
| Officer compensation share of expenses | 1.7% | 3.5% | 2.5% | 6.5% |
| Months of reserves | 9.1 months | 10.2 months | 9.0 months | 12.6 months |
| Surplus margin | 3.7% | 2.9% | 1.8% | 3.9% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $60.7M | $58.4M | $44.4M | 9.1 months | $975.0k | 6,883 |
| 2022 | $54.6M | $54.1M | $42.5M | 9.4 months | $1.1M | 6,745 |
| 2021 | $52.0M | $50.7M | $42.0M | 10.0 months | $941.8k | 4,549 |
| 2020 | $47.3M | $45.0M | $37.5M | 10.0 months | $920.4k | 7,093 |
| 2019 | $43.2M | $41.3M | $36.2M | 10.5 months | $895.9k | 7,264 |
| 2018 | $43.1M | $41.0M | $34.7M | 10.1 months | $882.1k | 6,670 |
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