Cheboygan Life Support Systems Inc

Analysis

Cheboygan Life Support Systems Inc is a registered charity in United States, based in Cheboygan, MI. It received its IRS tax-exemption ruling in May 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cheboygan Life Support Systems Inc reported income of $5.2m and spending of $5.2m, spending 99% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $2.1m to $5.2m (+149%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cheboygan Life Support Systems Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Community Network for Behavioral Healthcare Inc ($5.2m), Hope Association ($5.2m) and Population Action International ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $2.9m against liabilities of $261k, net assets of $2.6m. It reported 102 employees.