nonprofit · EIN 38-2459948 · MI
How much does MYMICHIGAN HEALTH raise and spend?
MYMICHIGAN HEALTH (MI, EIN 38-2459948) reported $214.9M in revenue and $100.9M in expenses for tax year 2023, with $1.1B in net assets (130.2 months of reserves). By expenses that ranks 4,374 of 539,974 e-filers, 1,845 of 20,245 in NTEE E: Health Care, 118 of 14,475 nonprofits in michigan.
What stands out
MYMICHIGAN HEALTH (MI, EIN 38-2459948) reported $214.9M in revenue and $100.9M in expenses for tax year 2023, with $1.1B in net assets (130.2 months of reserves). By expenses that ranks 4,374 of 539,974 e-filers, 1,845 of 20,245 in NTEE E: Health Care, 118 of 14,475 nonprofits in michigan. Against NTEE E: Health Care: months of reserves 130.2 months, above the peer median of 10.2 months; officer compensation share of expenses 7.0%, above the peer median of 3.5%; contributions share of revenue 0.0%, below the peer median of 38.7%; surplus margin 53.0%, above the peer median of 2.9%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $214.9M | $887.4k | $236.7M | $194.7k |
| Total expenses | $100.9M | $792.8k | $231.0M | $178.5k |
| Total assets | $1.4B | $2.9M | $318.0M | $775.3k |
| Net assets | $1.1B | $1.6M | $158.3M | $622.5k |
| Officer compensation (total per organisation) | $7.0M | $271.5k | $2.4M | $113.0k |
| Program service revenue share | 46.0% | 40.3% | 93.3% | 13.8% |
| Contributions share of revenue | 0.0% | 38.7% | 1.2% | 57.5% |
| Officer compensation share of expenses | 7.0% | 3.5% | 0.8% | 6.5% |
| Months of reserves | 130.2 months | 10.2 months | 7.4 months | 12.6 months |
| Surplus margin | 53.0% | 2.9% | 1.1% | 3.9% |
Year by year
7 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $214.9M | $100.9M | $1.1B | 130.2 months | $7.0M | 4,374 |
| 2022 | $129.5M | $102.6M | $1.1B | 129.2 months | $5.3M | 4,018 |
| 2021 | $343.1M | $92.2M | $1.1B | 138.7 months | $4.7M | 2,751 |
| 2020 | $69.9M | $87.6M | $767.5M | 105.1 months | $5.9M | 4,121 |
| 2019 | $127.5M | $83.8M | $793.2M | 113.6 months | $3.9M | 4,100 |
| 2018 | $130.2M | $75.6M | $752.2M | 119.4 months | $4.0M | 4,125 |
| 2017 | $136.8M | $68.7M | $689.2M | 120.3 months | $3.7M | 36 |
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