Munson Home Services

Analysis

Munson Home Services is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in January 2000, 26 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 June 2023, Munson Home Services reported income of $4.2m and spending of $5.1m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.1m to $4.2m (-30%), an average of -8.5% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Munson Home Services sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Californians for Drug Free Youth Inc ($4.2m), Beacon Health Alliance Inc ($4.2m) and Cancer Center of Western Wisconsin Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 84% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $3.9m against liabilities of $902k, net assets of $3.0m. It reported 94 employees.

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.