Superior Health Foundation

Analysis

Superior Health Foundation is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in June 2018, 8 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, Superior Health Foundation reported income of $2.1m and spending of $2.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.1m (+4.7%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income rose by 312%. Over the whole period it spent 50% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Superior Health Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Sancta Familia Medical Associates Inc ($2.1m), Presbyterian Homes of Bloomington Inc ($2.1m) and Confluence Health Foundation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. Compensation of current officers, directors and key employees was $130k (6.3% of expenses). Other salaries and wages came to $205k. At year end it held assets of $44.1m against liabilities of $261k, net assets of $43.9m. It reported 8 employees.