Mymichigan Medical Center Saginaw Foundation

Analysis

Mymichigan Medical Center Saginaw Foundation is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in February 2025. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mymichigan Medical Center Saginaw Foundation reported income of $1.9m and spending of $4.2m, spending 220% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $557k to $1.9m (+242%), an average of +36% a year. The sharpest change came in the year to June 2020, when income rose by 360%. 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, Mymichigan Medical Center Saginaw Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Bridges of Hope ($1.9m), Therhappy Therapy Services Inc ($1.9m) and The Armenian Eyecare Project ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $23.3m against liabilities of $1.1m, net assets of $22.2m.