Wellness Plan Medical Centers Foundation

Analysis

Wellness Plan Medical Centers Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in December 2011, 15 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wellness Plan Medical Centers Foundation reported income of $1.7m and spending of $2.8m, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.7m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 152% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellness Plan Medical Centers Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Mana-Sota Lighthouse for the Blind Inc ($1.7m), Cancer Lifeline of King County ($1.7m) and Cancer Network Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 57% of the total. At year end it held assets of $24.7m against liabilities of $27.9m, net assets of -$3.3m.

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.