Charity Search / AMERISURE CHARITABLE FOUNDATION INC
Philanthropy & Grantmaking (T21) 990 on File

AMERISURE CHARITABLE FOUNDATION INC

EIN: 30-0289445 · FARMINGTON HILLS, MI 48331-3577 · United States · FY 2024 Data
3 out of 5 42 / 100 Based on 2+ years of filings
Financial strength (30%) 61/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$562K
Total Revenue
$765K
Total Expenses
$3.4M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 97.4%
Fundraising Efficiency N/A
Operating Reserve 53.88x
Liability-to-Asset 7.7%
Revenue Diversification 57.7%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 16,645 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
97.4% 90.2%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
53.9 mo 95.2 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
7.7% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
57.7% 90.4%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-24.5% 18.5%
P10P90
Expense growth
Year over year expense growth
33.7% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
-36.0% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $562K $765K $3.4M 97.4% —
2023 $745K $572K $3.6M 114.4% —
2022 $869K $934K $3.3M 63.1% —
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Organization Details
EIN
30-0289445
State
MI
City
FARMINGTON HILLS
ZIP
48331-3577
Classification
T21
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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