Midmichigan Health Services

Analysis

Midmichigan Health Services is a registered charity in United States, based in Houghton Lake, MI. It received its IRS tax-exemption ruling in January 1979, 47 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 December 2023, Midmichigan Health Services reported income of $22.4m and spending of $22.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.1m to $22.4m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Midmichigan Health Services sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Ira Davenport Memorial Hospital Inc ($22.4m), Milestone Centers Inc ($22.4m) and Marshall Health Network Inc ($22.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $2.4m (11% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $14.8m against liabilities of $5.1m, net assets of $9.7m. It reported 161 employees.