Lending Hands of Michigan Inc

Analysis

Lending Hands of Michigan Inc is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Lending Hands of Michigan Inc reported income of $220k and spending of $199k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $277k to $220k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lending Hands of Michigan Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Florida Regional Service Office Inc ($220k), Pregnancy Help Center of San Gabriel Valley Inc ($220k) and Brothers on a Road Less Traveled Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (26% of expenses). At year end it held assets of $302k against liabilities of $263, net assets of $302k. It reported 1 employees.