McLaren Thumb Region

Analysis

McLaren Thumb Region is a registered charity in United States, based in Bad Axe, MI. It received its IRS tax-exemption ruling in July 1938, 88 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 September 2023, McLaren Thumb Region reported income of $49.0m and spending of $47.8m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $50.8m to $49.0m (-3.6%), an average of -0.9% a year. The sharpest change came in the year to September 2020, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McLaren Thumb Region sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include Ascension Care Management Insurance Holdings ($48.9m), Centerstone of America Inc ($49.1m) and Evercare Choice Inc ($48.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.1% and program service revenue 90% of the total. Other salaries and wages came to $20.8m. At year end it held assets of $30.1m against liabilities of $15.6m, net assets of $14.6m. It reported 353 employees.