McLaren Lapeer Region Foundation

Analysis

McLaren Lapeer Region Foundation is a registered charity in United States, based in Lapeer, MI. It received its IRS tax-exemption ruling in December 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, McLaren Lapeer Region Foundation reported income of $331k and spending of $216k, leaving 35% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $487k to $331k (-32%), an average of -9.2% a year. The sharpest change came in the year to September 2020, when income dropped by 32%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McLaren Lapeer Region Foundation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Bastrop Pregnancy Resource Center ($331k), Red Devils Inc ($331k) and New Bloomfield Ems ($331k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $5.1m against liabilities of $309k, net assets of $4.8m.