Midwest Community Health Associates Inc

Analysis

Midwest Community Health Associates Inc is a registered charity in United States, based in Bryan, OH. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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, Midwest Community Health Associates Inc reported income of $25.2m and spending of $42.3m, spending 168% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $25.1m to $25.2m (+0.3%), an average of +0.1% a year. Over the whole period it spent 159% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midwest Community Health Associates Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Souderton Mennonite Homes ($25.2m), Southwestern Adventist University ($25.2m) and Interfaith Community Services Inc ($25.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $316k (0.7% of expenses). Other salaries and wages came to $23.5m. At year end it held assets of $11.0m against liabilities of $85.2m, net assets of -$74.2m. It reported 288 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.