Millcreek Health System Medical Professional Liability Self-Ins TR

Analysis

Millcreek Health System Medical Professional Liability Self-Ins TR is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Millcreek Health System Medical Professional Liability Self-Ins TR reported income of $1.3m and spending of $612k, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 43% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Millcreek Health System Medical Professional Liability Self-Ins TR sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Rainbow of Hope Foundation Inc ($1.3m), WRC Pregnancy Center of Ellis County ($1.3m) and Federation of Clinical Immunology Societies Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $22.6m against liabilities of $0, net assets of $22.6m.