Midwest Health Initiative
Analysis
Midwest Health Initiative is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 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 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 April 2024, Midwest Health Initiative reported income of $785k and spending of $645k, spending 82% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $539k to $785k (+46%), an average of +7.8% a year. The sharpest change came in the year to April 2021, when income rose by 20%. Over the whole period it spent 102% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Midwest Health Initiative sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within MO. Charities of a similar size with the same main cause include Behavioral Diabetes Institute ($785k), Summit Healing Inc ($785k) and Hemophilia Alliance Foundation ($785k).
On its Form 990 for the period ending April 2024, revenue came from contributions and grants 43% and program service revenue 57% of the total. Other salaries and wages came to $182k. At year end it held assets of $415k against liabilities of $0, net assets of $415k.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 57%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Behavioral Diabetes Institute | San Diego | $785k |
| Summit Healing Inc | Littleton | $785k |
| Hemophilia Alliance Foundation | Clearwater | $785k |
| BLKHLTH Inc | College Park | $785k |