Grace Guild of Sinai Grace Hospital and CDC

Analysis

Grace Guild of Sinai Grace Hospital and CDC is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in September 1943, 83 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, Grace Guild of Sinai Grace Hospital and CDC reported income of $378k and spending of $442k, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $176k to $378k (+115%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 257%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grace Guild of Sinai Grace Hospital and CDC sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Northern Colorado Performing Arts ($378k), Andra Heart Foundation ($379k) and Hill Country Mission for Health Inc ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $91k. At year end it held assets of $397k against liabilities of $1,220, net assets of $396k. It reported 2 employees.