Southeast Michigan Center for Medical Education

Analysis

Southeast Michigan Center for Medical Education is a registered charity in United States, based in Rochester Hills, MI. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2022, Southeast Michigan Center for Medical Education reported income of $914k and spending of $700k, leaving 23% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $812k to $914k (+12%), an average of +4.0% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeast Michigan Center for Medical Education sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Mabel Tainter Literary Library & Educational Society ($913k), San Dieguito Academy Foundation ($914k) and Palos Verdes High School Booster Club ($913k).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). Other salaries and wages came to $375k. At year end it held assets of $1.3m against liabilities of $270k, net assets of $1.0m. It reported 12 employees.