Planned Parenthood of Michigan

Analysis

Planned Parenthood of Michigan is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in November 1959, 67 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 June 2023, Planned Parenthood of Michigan reported income of $26.4m and spending of $28.8m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to June 2023, income grew from $24.3m to $26.4m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Planned Parenthood of Michigan sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Hills and Dales Child Development Center ($26.4m), River Garden Hebrew Home for the Aged ($26.4m) and Thrive Behavioral Health Inc ($26.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $1.6m (5.7% of expenses). Other salaries and wages came to $11.8m. At year end it held assets of $33.7m against liabilities of $6.2m, net assets of $27.5m. It reported 306 employees.