Msu Health Care Inc
4660 S Hagadorn Rd Ste 315, East Lansing, MI · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $122,679,976 | $125,248,629 | $12,947,376 |
| FY2024 | $120,402,304 | $126,486,154 | $15,516,029 |
| FY2023 | $103,234,906 | $106,455,349 | $21,599,879 |
| FY2022 | $108,429,887 | $112,648,292 | $24,820,322 |
| FY2021 | $115,734,137 | $116,778,524 | $29,038,727 |
| FY2020 | $337,367 | $1,036,687 | $5,595,073 |
| FY2019 | $6,502,120 | $207,727 | $6,294,393 |
Form 990 filings
The returns filed by Msu Health Care Inc (EIN 83-2236308), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of listed sources |
|---|---|---|
| Contributions & grants | $7,918,206 | 6% |
| Program service revenue | $116,079,960 | 94% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $110,770,687 | 88% |
| Management & general | $14,477,942 | 12% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue was the largest of the listed revenue sources in FY2025.
- Program services accounted for 88% of functional expenses, management & general 12%, and fundraising 0%.
- 88% of functional expenses went to program services in FY2025. That is higher than 65.7% of 181 Health Care organizations in MI.
- Net assets covered about 1.2 months of expenses at the end of the reporting year. That puts it in the 14th percentile among 582 Health Care organizations in MI.
- Total revenue was higher than 90.8% of 601 Health Care organizations in MI.
- Total revenue rose from $6,502,120 in FY2019 to $122,679,976 in FY2025. Revenue increased in 3 and decreased in 3 of 6 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 7 reported years (FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- Net assets grew from $6,294,393 to $12,947,376 between FY2019 and FY2025.
- Contributions and grants made up 100% of revenue in FY2019 and 7% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
MISSION IS TO DELIVER A PERSONALIZED EXPERIENCE; PROVIDE A SAFE ENVIRONMENT; TRAIN THE NEXT GENERATION OF CLINICIANS; ENSURE EQUITABLE ACCESS; AND OFFER THE HIGHEST QUALITY CARE.
IRS status
| Ruling year | 2019 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E30 — Health Care (in MI) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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