nonprofit · EIN 38-2113393 · MI
How much does TRINITY HEALTH - MICHIGAN raise and spend?
TRINITY HEALTH - MICHIGAN (MI, EIN 38-2113393) reported $3.0B in revenue and $2.9B in expenses for tax year 2023, with $3.3B in net assets (13.9 months of reserves). By expenses that ranks 142 of 539,974 e-filers, 84 of 20,245 in NTEE E: Health Care, 6 of 14,475 nonprofits in michigan.
What stands out
TRINITY HEALTH - MICHIGAN (MI, EIN 38-2113393) reported $3.0B in revenue and $2.9B in expenses for tax year 2023, with $3.3B in net assets (13.9 months of reserves). By expenses that ranks 142 of 539,974 e-filers, 84 of 20,245 in NTEE E: Health Care, 6 of 14,475 nonprofits in michigan. Against NTEE E: Health Care: months of reserves 13.9 months, above the peer median of 10.2 months; officer compensation share of expenses 0.4%, below the peer median of 3.5%; contributions share of revenue 1.0%, below the peer median of 38.7%; surplus margin 5.4%, 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 | $3.0B | $887.4k | $236.7M | $194.7k |
| Total expenses | $2.9B | $792.8k | $231.0M | $178.5k |
| Total assets | $4.9B | $2.9M | $318.0M | $775.3k |
| Net assets | $3.3B | $1.6M | $158.3M | $622.5k |
| Officer compensation (total per organisation) | $12.5M | $271.5k | $2.4M | $113.0k |
| Program service revenue share | 94.0% | 40.3% | 93.3% | 13.8% |
| Contributions share of revenue | 1.0% | 38.7% | 1.2% | 57.5% |
| Officer compensation share of expenses | 0.4% | 3.5% | 0.8% | 6.5% |
| Months of reserves | 13.9 months | 10.2 months | 7.4 months | 12.6 months |
| Surplus margin | 5.4% | 2.9% | 1.1% | 3.9% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $3.0B | $2.9B | $3.3B | 13.9 months | $12.5M | 142 |
| 2022 | $3.0B | $2.8B | $3.1B | 13.2 months | $11.5M | 140 |
| 2021 | $3.0B | $2.6B | $3.2B | 14.7 months | $9.7M | 65 |
| 2020 | $2.6B | $2.5B | $2.6B | 12.5 months | $11.8M | 128 |
| 2019 | $2.7B | $2.5B | $2.6B | 12.5 months | $9.6M | 118 |
| 2018 | $2.8B | $2.5B | $2.5B | 12.0 months | $10.5M | 103 |
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