Health Unit on Davison Ave

Analysis

Health Unit on Davison Ave is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in September 2007, 19 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, Health Unit on Davison Ave reported income of $574k and spending of $513k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $344k to $574k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Unit on Davison Ave sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Closing the Gap in Health Care Inc ($574k), Hope in Northern Virginia Inc ($574k) and Alternative Healing Network Inc ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $66k (13% of expenses). Other salaries and wages came to $31k. At year end it held assets of $1.1m against liabilities of $76, net assets of $1.1m. It reported 3 employees.