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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 38-1369611

McLaren Port Huron

PORT HURON, MINTEE: E220Founded 1879Website

mission statement

Mclaren healthcare, through its subsidiaries, will be the best value in healthcare as defined by quality outcomes and cost.

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Total Revenue

$277.8M

FY 2023

Program Spending

76.7%

of total expenses

Known Funders

2019–2023 filings

Key Metrics (FY 2023)

The Numbers

$427.8M

Total Assets

$340.3M net

15.9 mo

Operating Reserves

FY 2023

+9%

Revenue Growth

YoY

1618

Total Employees

FY 2023

Funding Track Record

Backed by 5 Institutional Funders

$28.7M raised across 17 grants (2019–2023 filings)

Funder Geography

Funders across 2 states (2019–2023 filings)

Institutional Funding by Year

Funder	Location	Total Awarded
McLaren Health Care Corporation	GRAND BLANC, MI	$25,000,000
Port Huron Hospital Foundation	PORT HURON, MI	$3,576,873
Michigan Health and Hospital Association	OKEMOS, MI	$96,586
McLaren Port Huron Auxiliary	PORT HURON, MI	$31,056
Amazonsmile Foundation	SEATTLE, WA	$41

Total tracked: $28,704,556 across 17 grants (2019–2023 filings)

Programs (FY 2023)

What They Do

$197.1M in expenses

For fiscal year october 1, 2023 to september 30, 2024, mclaren port huron provided health care services to the poor and to the broader community for which the cost of providing such services exceeded the related revenue. Charity care in the amount of $9,288,613 was provided during the year. Mclaren port huron provided $578,817,524 in third party discounts. In total, this represents 69.02 percent of the gross patient revenue for this year. Mclaren port huron also provided the community with opportunities to participate in numerous educational, wellness, screening, and supportive programs at either no cost or at a nominal charge. The hospital provided a total of 446 events/programs to approximately 29,411 people of the community.

Financial History