Mymichigan Medical Center West Branch

Analysis

Mymichigan Medical Center West Branch is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mymichigan Medical Center West Branch reported income of $72.3m and spending of $75.8m, spending 105% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $12.0m to $72.3m (+501%), an average of +43% a year. The sharpest change came in the year to June 2019, when income rose by 338%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mymichigan Medical Center West Branch sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include Boone Memorial Hospital Inc ($72.2m), Elk Regional Health Center ($72.3m) and Ballad Health ($72.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $189k (0.2% of expenses). Other salaries and wages came to $22.6m. At year end it held assets of $51.5m against liabilities of $35.9m, net assets of $15.6m. It reported 465 employees.