Midwest Refuah Health Center
Analysis
Midwest Refuah Health Center is a registered charity in United States, based in Lincolnwood, IL. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Midwest Refuah Health Center reported income of $2.2m and spending of $5.4m, spending 250% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $4.6m to $2.2m (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 100% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Midwest Refuah Health Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Tri-City Hospital Foundation ($2.2m), Louisiana Center for the Blind Inc ($2.2m) and SJ Management Company of Syracuse Inc ($2.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $2.5m against liabilities of $2.5m, net assets of $4,930. It reported 49 employees.
Income and spending
Where the income comes from
- Contributions & grants 75%
- Program services 24%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tri-City Hospital Foundation | Oceanside | $2.2m |
| Louisiana Center for the Blind Inc | Ruston | $2.2m |
| SJ Management Company of Syracuse Inc | Syracuse | $2.2m |
| Recovery Ventures Corporation | Black MTN | $2.2m |