Michigan Peer Review Organization

Analysis

Michigan Peer Review Organization is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in January 1987, 39 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 September 2023, Michigan Peer Review Organization reported income of $10.5m and spending of $9.3m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.7m to $10.5m (+56%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 58%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Michigan Peer Review Organization sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Gateway for Cancer Research Inc ($10.5m), Healthfirst Family Care Center Inc ($10.5m) and Zachary and Elizabeth M Fisher Center for Alzheimers Research FDN ($10.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $871k (9.4% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $32.3m against liabilities of $23.7m, net assets of $8.6m. It reported 77 employees.