Center for Healthcare Research & Transformation

Analysis

Center for Healthcare Research & Transformation is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for Healthcare Research & Transformation reported income of $11.1m and spending of $11.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $11.1m (+143%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Healthcare Research & Transformation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include The Childrens Community Programs of Connecticut Inc ($11.1m), TMC Health Foundation ($11.1m) and Northland Health Centers ($11.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $2.8m against liabilities of $1.3m, net assets of $1.6m.