African American Health Institute
EIN: 61658200 · Grand Rapids, MI · NTEE: H902
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Net Assets | $1.2M |
Is African American Health Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About African American Health Institute
African American Health Institute (EIN: 61658200) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code H902. The organization reported total revenue of $1.7M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of African American Health Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
African American Health Institute is a mid-size nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$551K |
| Total Assets | $1.5M |
| Total Liabilities | $339K |
| Net Assets | $1.2M |
| Operating Margin | 29.0% |
| Debt-to-Asset Ratio | 22.6% |
| Months of Reserves | 13.4 months |
Financial Health Grade: A
In 2023, African American Health Institute reported a surplus of $551K with revenue exceeding expenses, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 22.6% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), African American Health Institute's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.0% | -7.1% | +88.7% |
| 2022 | +25.1% | +130.9% | +4.0% |
| 2021 | +249.0% | +25.2% | +321.9% |
| 2020 | -50.2% | -15.3% | -82.4% |
| 2019 | -13.0% | -0.3% | +11.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for African American Health Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates African American Health Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $551K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.6%.
Frequently Asked Questions about African American Health Institute
Is African American Health Institute a legitimate charity?
African American Health Institute (EIN: 61658200) is a registered tax-exempt nonprofit based in Michigan. It has 14 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: A.
How does African American Health Institute spend its money?
African American Health Institute reported $1.7M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to African American Health Institute tax-deductible?
African American Health Institute is registered as a tax-exempt nonprofit (EIN: 61658200). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is African American Health Institute located?
African American Health Institute is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 61658200. It is classified under NTEE code H902.
How many years of IRS 990 filings does African American Health Institute have?
African American Health Institute has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Filing History
IRS 990 filing history for African American Health Institute showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), African American Health Institute's revenue has grown by 392.7%, moving from $386K to $1.9M. Total assets increased by 1770.2% over the same period, from $80K to $1.5M. Total functional expenses rose by 298.5%, from $339K to $1.4M. In its most recent filing year (2023), African American Health Institute reported a surplus of $551K, with revenue exceeding expenses. The organization holds $339K in liabilities against $1.5M in assets (debt-to-asset ratio: 22.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.4M | $1.5M | $339K | — | — |
| 2022 | $1.5M | $1.5M | $797K | $183K | — | View 990 |
| 2021 | $1.2M | $630K | $767K | $8K | — | View 990 |
| 2020 | $348K | $503K | $182K | $41K | — | View 990 |
| 2019 | $700K | $593K | $1.0M | $26K | — | View 990 |
| 2018 | $804K | $595K | $925K | $24K | — | View 990 |
| 2017 | $784K | $677K | $713K | $21K | — | View 990 |
| 2016 | $1.2M | $780K | $610K | $24K | — | View 990 |
| 2015 | $617K | $815K | $238K | $36K | — | View 990 |
| 2014 | $511K | $503K | $417K | $18K | — | View 990 |
| 2013 | $695K | $404K | $403K | $11K | — | View 990 |
| 2012 | $317K | $317K | $108K | $7K | — | View 990 |
| 2011 | $331K | $282K | $112K | $11K | — | View 990 |
| 2010 | $386K | $339K | $80K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.4M, and assets of $1.5M (revenue +25.0% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $797K (revenue +25.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $630K, and assets of $767K (revenue +249.0% year-over-year).
- 2020: Revenue of $348K, expenses of $503K, and assets of $182K (revenue -50.2% year-over-year).
- 2019: Revenue of $700K, expenses of $593K, and assets of $1.0M (revenue -13.0% year-over-year).
- 2018: Revenue of $804K, expenses of $595K, and assets of $925K (revenue +2.6% year-over-year).
- 2017: Revenue of $784K, expenses of $677K, and assets of $713K (revenue -32.7% year-over-year).
- 2016: Revenue of $1.2M, expenses of $780K, and assets of $610K (revenue +88.7% year-over-year).
- 2015: Revenue of $617K, expenses of $815K, and assets of $238K (revenue +20.8% year-over-year).
- 2014: Revenue of $511K, expenses of $503K, and assets of $417K (revenue -26.4% year-over-year).
- 2013: Revenue of $695K, expenses of $404K, and assets of $403K (revenue +118.9% year-over-year).
- 2012: Revenue of $317K, expenses of $317K, and assets of $108K (revenue -4.1% year-over-year).
- 2011: Revenue of $331K, expenses of $282K, and assets of $112K (revenue -14.3% year-over-year).
- 2010: Revenue of $386K, expenses of $339K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for African American Health Institute:
Data Sources and Methodology
This transparency report for African American Health Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.