Northern Michigan Health Consortium

Analysis

Northern Michigan Health Consortium is a registered charity in United States, based in Charlevoix, MI. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Northern Michigan Health Consortium reported income of $1.1m and spending of $1.2m, spending 112% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $504k to $1.1m (+114%), an average of +29% a year. The sharpest change came in the year to September 2023, when income rose by 43%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northern Michigan Health Consortium sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Problems Anonymous Action Group Incorporated ($1.1m), California Hospital Assessment and Reporting Task Force Chart ($1.1m) and Insight Research Institute ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $781k against liabilities of $279k, net assets of $501k.