Northeastern Michigan Cancer Center

Analysis

Northeastern Michigan Cancer Center is a registered charity in United States, based in Alpena, 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 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, Northeastern Michigan Cancer Center reported income of $3.0m and spending of $3.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.0m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northeastern Michigan Cancer Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Detroit & Wayne County Tuberculosis Foundation ($3.0m), American Botanical Council ($3.0m) and International Societies for Investigative Dermatology ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.2m against liabilities of $1.5m, net assets of $2.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.