Ronald G Michels Fellowship Foundation Inc

Analysis

Ronald G Michels Fellowship Foundation Inc is a registered charity in United States, based in Riderwood, MD. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2022, Ronald G Michels Fellowship Foundation Inc reported income of $148k and spending of $76k, leaving 48% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $129k to $148k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ronald G Michels Fellowship Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include PCM Medical Clinic ($148k), Middleburgh Emergency Volunteer Ambulance Corps Inc ($148k) and Frontline Healthcare Workers Safety Foundation Ltd ($148k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 78% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.