McLaren Bay Special Care

Analysis

McLaren Bay Special Care is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, McLaren Bay Special Care reported income of $7.7m and spending of $6.1m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $7.8m to $7.7m (-1.5%), an average of -0.4% a year. The sharpest change came in the year to September 2023, when income dropped by 23%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McLaren Bay Special Care sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Presbyterian Home Care Centers Inc ($7.7m), Marin General Hospital Foundation ($7.7m) and Lutheran Home of the Good Shepherd ($7.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $266k (4.4% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $43.4m against liabilities of $1.1m, net assets of $42.3m. It reported 58 employees.