Migrant Health Center

Analysis

Migrant Health Center is a registered charity in United States, based in Mayaguez, PR. It received its IRS tax-exemption ruling in May 1987, 39 years ago. 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 February 2024, Migrant Health Center reported income of $158.0m and spending of $132.4m, spending 84% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $71.9m to $158.0m (+120%), an average of +22% a year. The sharpest change came in the year to February 2024, when income rose by 38%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Migrant Health Center sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within PR. Charities of a similar size with the same main cause include MCR Health Inc ($156.8m), Regent University ($160.2m) and Donor Network West ($155.1m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $623k (0.5% of expenses). Other salaries and wages came to $19.6m. At year end it held assets of $134.5m against liabilities of $9.1m, net assets of $125.4m. It reported 588 employees.