Northern Michigan Medicalmanagement

Analysis

Northern Michigan Medicalmanagement is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Northern Michigan Medicalmanagement reported income of $3.9m and spending of $11.1m, spending 283% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $16.3m to $3.9m (-76%), an average of -30% a year. The sharpest change came in the year to September 2021, when income dropped by 89%. Over the whole period it spent 164% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northern Michigan Medicalmanagement sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Childrens Day Treatment Center & School Inc ($3.9m), Episcopal Social Services Inc ($3.9m) and Black Mamas Matter Alliance ($3.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $6.7m. At year end it held assets of $2.9m against liabilities of $11.5m, net assets of -$8.6m. It reported 21 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.