Michigan Healthcare Cybersecurity Council Inc

Analysis

Michigan Healthcare Cybersecurity Council Inc is a registered charity in United States, based in Milford, MI. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 December 2023, Michigan Healthcare Cybersecurity Council Inc reported income of $96k and spending of $21k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $96k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 25% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Michigan Healthcare Cybersecurity Council Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include State Tax Research Institute ($96k), Texas Brazos Trail Region ($96k) and Heritage Pa ($96k).

At year end it held assets of $265k against liabilities of $0, net assets of $265k.