Great Lakes Bay Health Centers

Analysis

Great Lakes Bay Health Centers is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in April 1970, 56 years ago. Its declared purposes cover health care, 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 March 2023, Great Lakes Bay Health Centers reported income of $80.7m and spending of $74.6m, spending 92% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $58.5m to $80.7m (+38%), an average of +11% a year. The sharpest change came in the year to March 2023, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Great Lakes Bay Health Centers sits at the 94th percentile: it is larger than about 94% 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 Permian Basin Behavioral Health Center ($80.7m), LA Maestra Family Clinic Inc ($80.7m) and Amsterdam Nursing Home Corporation ($80.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $2.7m (3.7% of expenses). Other salaries and wages came to $38.4m. At year end it held assets of $63.0m against liabilities of $24.0m, net assets of $39.0m. It reported 729 employees.