African American Health Institute

Analysis

African American Health Institute is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, African American Health Institute reported income of $1.9m and spending of $1.4m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $700k to $1.9m (+172%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 249%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, African American Health Institute sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Greater Chicagoland Fellowship ($1.9m), Angels in Paradise Inc ($1.9m) and Sbarro Health Research Organization Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $648k. At year end it held assets of $1.5m against liabilities of $339k, net assets of $1.2m. It reported 11 employees.