My Community Dental Centers Inc

Analysis

My Community Dental Centers Inc is a registered charity in United States, based in Petoskey, MI. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover health care, 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, My Community Dental Centers Inc reported income of $46.1m and spending of $48.0m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $40.2m to $46.1m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, My Community Dental Centers Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include Missouri Slope Lutheran Care Center ($45.9m), Alabama Providence Healthcare Services ($46.1m) and McAuley-Seton Home Care Inc ($45.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.3m (2.8% of expenses). Other salaries and wages came to $26.4m. At year end it held assets of $29.3m against liabilities of $15.5m, net assets of $13.7m. It reported 551 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.