Mid-Michigan Health Consortium LLC
Analysis
Mid-Michigan Health Consortium LLC is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending March 2024, Mid-Michigan Health Consortium LLC reported income of $339k and spending of $426k, spending 125% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income fell from $1.8m to $339k (-81%), an average of -43% a year. The sharpest change came in the year to March 2022, when income dropped by 76%. Over the whole period it spent 35% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mid-Michigan Health Consortium LLC sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Brightwood Community Center ($339k), Partners for Performance Inc ($340k) and Creative Class Collective ($339k).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $2.6m against liabilities of $395k, net assets of $2.2m.
Income and spending
Where the income comes from
- Contributions & grants 49%
- Program services 51%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brightwood Community Center | Indianapolis | $339k |
| Partners for Performance Inc | Franklin | $340k |
| Creative Class Collective | Long Beach | $339k |
| Lansdowne Economic Development Corporation | Lansdowne | $340k |