Catherine McAuley Health Services Corp

Analysis

Catherine McAuley Health Services Corp is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Catherine McAuley Health Services Corp reported income of $120k and spending of $136k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.1m to $120k (-98%), an average of -62% a year. The sharpest change came in the year to June 2023, when income dropped by 98%. Over the whole period it spent 154% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Catherine McAuley Health Services Corp sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include San Francisco Womens Cancer Network ($120k), Quietmind Foundation ($120k) and Medicine for Humanity ($120k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 59% of the total. Other salaries and wages came to $53k. At year end it held assets of $29.5m against liabilities of $32.3m, net assets of -$2.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.