Epilepsy Foundation of Michigan

Analysis

Epilepsy Foundation of Michigan is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in October 1948, 78 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Epilepsy Foundation of Michigan reported income of $1.3m and spending of $1.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Epilepsy Foundation of Michigan sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include New Life Pregnancy Center ($1.3m), Crucible Project ($1.3m) and Equality Health Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $190k (17% of expenses). Other salaries and wages came to $390k. At year end it held assets of $2.4m against liabilities of $277k, net assets of $2.1m. It reported 12 employees.