Munson Dialysis Center

Analysis

Munson Dialysis Center is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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, Munson Dialysis Center reported income of $5.9m and spending of $6.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $5.9m (+0.0%), an average of +0.0% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Munson Dialysis Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Horizon House Inc ($5.9m), Society for Information Display ($5.9m) and New Mexico Tech Foundation ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $5.2m against liabilities of $274k, net assets of $4.9m. It reported 50 employees.