PMHC Cancer Center

Analysis

PMHC Cancer Center is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in January 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 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, PMHC Cancer Center reported income of $10.1m and spending of $9.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.6m to $10.1m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, PMHC Cancer Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Mercy Hospital & Medical Center ($10.1m), B C V V Inc ($10.1m) and Downeast Horizons Inc ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $17.6m against liabilities of $1.7m, net assets of $15.9m.