Henry Ford Health System Foundation

Analysis

Henry Ford Health System Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Henry Ford Health System Foundation reported income of $13.0m and spending of $19.6m, spending 151% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $26.6m to $13.0m (-51%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 423%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Henry Ford Health System Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Ne Behavioral Health Inc ($13.0m), Organized Community Action Program Inc ($13.0m) and Seacoast Affiliated Group Practice Inc ($13.0m).

At year end it held assets of $369.5m against liabilities of $19.1m, net assets of $350.4m.