Altarum Medicare-Medicaid Services for States

Analysis

Altarum Medicare-Medicaid Services for States is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in January 2023, 3 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Altarum Medicare-Medicaid Services for States reported income of $716k and spending of $714k, spending 100% of its income. 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, Altarum Medicare-Medicaid Services for States sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Community Rebuilds ($715k), You Can Health Services ($716k) and Omc Regional Foundation ($715k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $275k (38% of expenses). Other salaries and wages came to $138k. At year end it held assets of $625k against liabilities of $298k, net assets of $327k. It reported 3 employees.