Emergent Health Partners
Analysis
Emergent Health Partners is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in December 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Emergent Health Partners reported income of $3.0m and spending of $3.3m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $3.0m (-27%), an average of -7.7% a year. The sharpest change came in the year to June 2020, when income dropped by 32%. Over the whole period it spent 94% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Emergent Health Partners 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 Clara Maass Foundation ($3.0m), Alpha Omicron Pi Foundation ($3.0m) and Centerpath Wellness Inc ($3.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $920k (28% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $60.3m against liabilities of $8.4m, net assets of $52.0m. It reported 1,066 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.0%
- Program services 95%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Clara Maass Foundation | Oceanport | $3.0m |
| Alpha Omicron Pi Foundation | Brentwood | $3.0m |
| Centerpath Wellness Inc | Jamesburg | $3.0m |
| Family Medical Centers Community Foundation Inc | Russell SPGS | $3.0m |