Mission
Lending Hands of Michigan is a nonprofit organization based in Portage, Michigan, that provides free loans of durable medical equipment for individuals in need across several counties. The organization aims to assist residents during health transitions by eliminating barriers to access for necessary equipment.
Basic Information
Tax-Exempt
Founded in
2005
EIN
32-0146465
Total Assets
$282.8 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 3 goals
At a Glance
Durable Medical Equipment Loans
Lending Hands offers various durable medical equipment free of charge to help individuals during health transitions.
Volunteer Involvement
Volunteers play a crucial role in Lending Hands' operations, contributing their time and skills.
Community Support
Community donations and support enable the organization to serve those in need effectively.
Impact Stats
40,000
Number of Clients
Clients Served
Since inception in 2005, Lending Hands has served a significant number of clients.
80,000
Pieces of Equipment Loaned
Equipment Loans
The organization has loaned a vast amount of medical equipment.
$12 Million
Total Savings
Financial Savings
Savings realized by clients and the healthcare system due to the loan program.
70,000
Total Volunteer Hours
Volunteer Hours
Volunteers have devoted considerable time to support the organization.
$700,000
Savings for Residents
Cost Savings in Kalamazoo County
Significant financial relief provided to residents in Kalamazoo County through savings.
Our Programs
Equipment Loan Program
Loan of durable medical equipment free of charge for up to seven months
Learn MoreImpact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
47
58
/100
Program Expense Ratio
96.15%
20
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0.006015
20
/20
Working Capital Ratio
2.086
14
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 276.6K | 99.95% |
| Program Services | 0 | 0.00% |
| Investment Income | 131 | 0.05% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 276.8K | 100.00% |
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