Brain Injury Association of Michigan Incorporated

Analysis

Brain Injury Association of Michigan Incorporated is a registered charity in United States, based in Brighton, MI. It received its IRS tax-exemption ruling in April 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brain Injury Association of Michigan Incorporated reported income of $501k and spending of $522k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $501k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brain Injury Association of Michigan Incorporated sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Henry Schueler 41 & 9 Foundation ($501k), Brain Injury Connections of the Shenandoah Valley Inc ($501k) and Stanly Health Foundation ($501k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $96k (18% of expenses). Other salaries and wages came to $134k. At year end it held assets of $350k against liabilities of $201k, net assets of $149k. It reported 7 employees.