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Metro Solutions Inc

RegisteredEIN 20-0156511Southfield, MIHealth and saving lives
Income$7.1m2023-12
Spending$6.9msame year
Spent / received93%6-year average
Size in its cause82nd pctHealth and saving lives
Exempt since2004Publicly supported organisat
Employees526latest return

Analysis

Metro Solutions Inc is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Metro Solutions Inc reported income of $7.1m and spending of $6.9m, spending 97% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $6.6m to $7.1m (+7.7%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 323%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Metro Solutions Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Baptist Memorial Home Care Inc ($7.1m), Joseph House Inc ($7.1m) and Industry Convalescent Hospital ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $407k (5.9% of expenses). Other salaries and wages came to $704k. At year end it held assets of $8.2m against liabilities of $2.4m, net assets of $5.8m. It reported 526 employees.

Income and spending

$0$2.3m$4.6m$6.9m$9.2m2019 Income: $6,588,3852019 Spending: $5,938,94420192019 Income: $1,850,2662019 Spending: $1,752,29020192020 Income: $7,830,3982020 Spending: $7,560,77620202021 Income: $9,205,2682021 Spending: $7,338,76320212022 Income: $6,892,8452022 Spending: $7,282,34520222023 Income: $7,095,1842023 Spending: $6,898,7832023
IncomeSpending

Where the income comes from

  • Contributions & grants 2.9%
  • Program services 96%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Baptist Memorial Home Care IncMemphis$7.1m
Joseph House IncCincinnati$7.1m
Industry Convalescent HospitalCity Industry$7.1m
Dugan Memorial Home IncTupelo$7.1m