Bronson Healthcare Group Inc

Analysis

Bronson Healthcare Group Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bronson Healthcare Group Inc reported income of $423.2m and spending of $379.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $338.8m to $423.2m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bronson Healthcare Group Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MI. Charities of a similar size with the same main cause include Washington Regional Medical Center ($422.2m), North Shore-Lij Anesthesiology PC ($424.3m) and Memorial Health Services ($422.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $14.0m (3.7% of expenses). Other salaries and wages came to $110.2m. At year end it held assets of $384.6m against liabilities of $208.6m, net assets of $176.0m. It reported 1,926 employees.