Michigan Helps Medical Team

Analysis

Michigan Helps Medical Team is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in June 2014, 12 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, Michigan Helps Medical Team reported income of $247k and spending of $260k, spending 105% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $192k to $247k (+29%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Michigan Helps Medical Team sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Pregnancy Resource Center of Grand Prairie ($247k), Desire 4 Hope ($247k) and Psychoneuroimmunology Research Society Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $244k against liabilities of $114k, net assets of $130k.