Sparrow Eaton Hospital
81% goes to programs $0 to raise $100 Strong reserves Growing revenue
Sparrow Eaton Hospital is a 501(c)(3) organization based in Charlotte, Michigan, registered in 1944, with $86,401,571 in FY2023 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
321 E Harris St, Charlotte, MI, 48813 EIN 38-2007629 Since 1944
Revenue (FY2023)
$86.4M
▲ 103.1% vs prior year
Health median: $840K
Expenses (FY2023)
$67.6M
Net assets
$110.4M
Employees
594
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating81% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Sparrow Eaton Hospital: 81% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating20 mo reserves · +22% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sparrow Eaton Hospital: 20 mo reserves · +22% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Sparrow Eaton Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sparrow Eaton Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Umh - sparrow eaton provides needed medical care to the community regardless of the individuals ability to pay. these services are provided to hospital inpatients and outpatients in addition to 24 hour emergency room and ambulance services.
What they do
Outpatient care includes laboratory, radiology, rehab, respiratory therapy, and 24-hour emergency care. these included 17,322 emergency room visits, 46,536 radiology procedures, 299,325 laboratory tests, and 80,463 therapy procedures. in addition, 4,825 ambulance runs were provided.
Physician practice visits of 81,765 were provided in family practice, internal medicine, orthopedics, general surgery, onmm and pain management.
Contact & location
- Address
- 321 E Harris St, Charlotte, MI, 48813
- City
- Charlotte
- State
- Michigan
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $48.9M (FY2013) to $86.4M (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $22.8MNet assets $110.4M
Operating margin
21.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$133.2M
Total liabilities
$22.8M
Net assets
$110.4M
Salaries & benefits
$38.7M
57% of expenses
Board members
11
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $86,401,571▲103% | $67,571,550▲104% | $110,405,968▲23.0% | $133,205,511▲16.9% | 990 |
| 2022 | $42,542,711▼41.7% | $33,134,632▼45.6% | $89,796,938▲24.0% | $113,926,629▼5.2% | 990 |
| 2021 | $72,946,603▲13.4% | $60,888,722▲4.3% | $72,435,529▲17.6% | $120,156,445▲18.9% | 990 |
| 2020 | $64,315,715▲3.7% | $58,372,353▲0.1% | $61,570,572▲29.7% | $101,056,397▲15.8% | 990 |
| 2017 | $62,024,404▲11.7% | $58,308,704▲8.0% | $47,459,026▲16.2% | $87,273,729▲10.8% | 990 |
| 2016 | $55,516,482▲9.0% | $53,974,193▲5.6% | $40,852,648▲27.0% | $78,760,254▲12.6% | 990 |
| 2015 | $50,925,001▲3.4% | $51,101,953▲2.4% | $32,178,658▼2.1% | $69,976,653▼2.8% | 990 |
| 2014 | $49,261,145▲0.6% | $49,883,047▼4.1% | $32,874,090▼1.4% | $71,978,013▼0.7% | 990 |
| 2013 | $48,948,711 | $52,006,408▲0.8% | $33,327,228▼7.3% | $72,493,961▼4.0% | 990 |
| 2012 | — | $51,611,639▲5.0% | $35,970,833▲2.2% | $75,530,492▼3.4% | 990 |
| 2011 | — | $49,132,777▲4.8% | $35,197,072▲8.2% | $78,219,039▲18.1% | 990 |
| 2010 | — | $46,881,233▼0.5% | $32,533,690▼1.2% | $66,211,184▲6.6% | 990 |
| 2009 | — | $47,111,344 | $32,921,482 | $62,118,671 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Jeremy Pascotto — $1,206,466 (1.79% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeremy Pascotto | Physician | 40 | $1,206,466 |
| Nicholas Doman | Physician | 40 | $682,758 |
| Kimberly Friar | Physician | 40 | $633,464 |
| Scot Randal | Physician | 40 | $575,232 |
| Anthony Marl | Physician | 40 | $486,330 |
| Kim A Capps | Cfo | 20 | $223,012 |
| Joseph Garcia | Board Member | 1 | $1,440 |
| Jp Buckingham | Board Member | 1 | $1,440 |
| Colette Scrimger | Board Member | 1 | — |
| Constance O'malley | Board Member | 2 | — |
| Dan Shaver | Board Mem/se | 1 | — |
| Harper Wildern Od | Board Mmbr/c | 1 | — |
| Helen Johnson | Former Board | 2 | — |
| James Dover | Former Board | 0 | — |
| Joseph Ruth | Former Board | 0 | — |
| Kathleen Cook | Board Member | 1 | — |
| Kira Carter-robertson | Coo | 1 | — |
| Leonore Pray | Board Member | 1 | — |
| Linda Reetz | Board Mmbr/p | 20 | — |
| Margaret Dimond Phd | Regional Pre | — | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aya Healthcare Inc | Temp Labor | $1,552,878 |
| Alliance-hni Leasing Co LLC | Patient Care | $946,260 |
| Fastaff LLC | Temp Labor | $822,095 |
| Akg-hgb Inc | Patient Care | $326,417 |
| Manpower of Lansing Mi Inc | Temp Labor | $203,352 |
Grants made · $39K in FY2017
1 grant totaling $39K in FY2017. All grants made by Sparrow Eaton Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Eaton Community Health | Support organization | $39,200 |
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Compare Sparrow Eaton Hospital
Frequently asked questions
- Is Sparrow Eaton Hospital a legitimate nonprofit?
- Yes. Sparrow Eaton Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2007629, based in Charlotte, Michigan. Donations are tax-deductible.
- What is Sparrow Eaton Hospital's EIN?
- Sparrow Eaton Hospital's Employer Identification Number (EIN) is 38-2007629.
- How much revenue does Sparrow Eaton Hospital report?
- Sparrow Eaton Hospital reported $86,401,571 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Sparrow Eaton Hospital's spending goes to programs?
- Sparrow Eaton Hospital spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Sparrow Eaton Hospital have?
- CharityIndex grades Sparrow Eaton Hospital A, based on program efficiency and fundraising cost.
- How much does Sparrow Eaton Hospital's highest-paid employee make?
- The highest reported compensation on Sparrow Eaton Hospital's latest Form 990 is $1,206,466, paid to Jeremy Pascotto (Physician).
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Data for Sparrow Eaton Hospital (EIN 38-2007629) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.