Michigan Physical Fitness Health and Sports Foundation

Analysis

Michigan Physical Fitness Health and Sports Foundation is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in December 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Michigan Physical Fitness Health and Sports Foundation reported income of $16.5m and spending of $16.3m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $21.2m to $16.5m (-22%), an average of -6.1% a year. The sharpest change came in the year to September 2020, when income dropped by 18%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Michigan Physical Fitness Health and Sports Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include LA Casa de Salud Inc ($16.5m), United Cerebral Palsy Association of Niagara County Inc ($16.5m) and Olathe Community Clinic Inc ($16.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $527k (3.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $4.4m against liabilities of $2.6m, net assets of $1.8m. It reported 54 employees.