Henry Ford Estate

Analysis

Henry Ford Estate is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Henry Ford Estate reported income of $3.7m and spending of $2.4m, leaving 36% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.8m to $3.7m (+109%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 154%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Henry Ford Estate sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Sephardic Heritage Museum Inc ($3.7m), Zohar Charity and Educational Fund Inc ($3.7m) and Griffith Observatory Foundation ($3.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $153k (6.5% of expenses). Other salaries and wages came to $767k. At year end it held assets of $31.6m against liabilities of $200k, net assets of $31.4m. It reported 24 employees.