Ingham Health Plan Corporation

Analysis

Ingham Health Plan Corporation is a registered charity in United States, based in Okemos, MI. It received its IRS tax-exemption ruling in April 2001, 25 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 December 2023, Ingham Health Plan Corporation reported income of $1.9m and spending of $2.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ingham Health Plan Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Saint Pauls Autism Research & Training Academy ($1.9m), National Down Syndrome Congress ($1.9m) and Investigative Research Center Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $126k (6.3% of expenses). Other salaries and wages came to $253k. At year end it held assets of $4.5m against liabilities of $135k, net assets of $4.4m. It reported 7 employees.