Drummond Island Medical Center Inc

Analysis

Drummond Island Medical Center Inc is a registered charity in United States, based in Drummond Is, MI. It received its IRS tax-exemption ruling in July 2000, 26 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, Drummond Island Medical Center Inc reported income of $179k and spending of $113k, leaving 37% of income unspent that year. Across the 3 years on record, from September 2019 to September 2023, income grew from $128k to $179k (+39%), an average of +18% a year. The sharpest change came in the year to September 2022, when income rose by 38%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Drummond Island Medical Center Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include American Dermatological Association Research and Educational Fund Inc ($179k), Noise for Now ($179k) and Holtville-Slapout Volunteer Fire Dept ($179k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $711k against liabilities of $0, net assets of $711k.