Synergy Health Center

Analysis

Synergy Health Center is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Synergy Health Center reported income of $838k and spending of $954k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $838k (+78%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Synergy Health Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Miami Homes for All Inc ($838k), Augusta Locally Grown ($839k) and Harold Colbert Jones Memorial Community Center ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $100k (10% of expenses). Other salaries and wages came to $291k. At year end it held assets of $696k against liabilities of $104k, net assets of $592k. It reported 15 employees.