Save the Michaels of the World Inc

Analysis

Save the Michaels of the World Inc is a registered charity in United States, based in Newfane, NY. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover mental health and crisis intervention, 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, Save the Michaels of the World Inc reported income of $4.2m and spending of $3.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $4.2m (+196%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Save the Michaels of the World Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Creating Alternatives Together Inc ($4.2m), C a R E Chest of Sierra Nevada ($4.2m) and Foundation for Anesthesia Education and Research ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $184k (5.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.5m against liabilities of $3.1m, net assets of $1.4m. It reported 88 employees.