Midwest Business Group on Health

Analysis

Midwest Business Group on Health is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1980, 46 years ago. 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, Midwest Business Group on Health reported income of $1.8m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.8m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midwest Business Group on Health sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Presbyterian Camps and Conferences Inc ($1.8m), City of Omaha Public Library Foundation ($1.8m) and T L C Home Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $207k (12% of expenses). Other salaries and wages came to $575k. At year end it held assets of $2.0m against liabilities of $945k, net assets of $1.1m. It reported 8 employees.