Eaton Rapids Medical Center Foundation

Analysis

Eaton Rapids Medical Center Foundation is a registered charity in United States, based in Eaton Rapids, MI. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eaton Rapids Medical Center Foundation reported income of $185k and spending of $12k, leaving 94% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $231k to $185k (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eaton Rapids Medical Center Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Fatherhood Comission ($185k), Continental Divide Color Guard Circuit ($185k) and Keaukaha Community Association ($185k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $1.9m against liabilities of $19k, net assets of $1.9m.