Affiliated Management Group Inc

Analysis

Affiliated Management Group Inc is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in March 1986, 40 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 September 2023, Affiliated Management Group Inc reported income of $2.6m and spending of $2.0m, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.6m (+50%), an average of +11% a year. The sharpest change came in the year to September 2022, when income rose by 27%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Affiliated Management Group Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Cots ($2.6m), The Healthpath Foundation of Ohio ($2.6m) and Robertson Community Health Foundation Inc ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $13.0m against liabilities of $749k, net assets of $12.2m.