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Henry Ford Health Providence Hospital

RegisteredEIN 38-1358212Detroit, MIHealth and saving lives
Income$880.5m2023-06
Spending$904.5msame year
Spent / received95%5-year average
Size in its cause99th pctHealth and saving lives
Exempt since2026Hospital or medical research
Employees5,258latest return

Analysis

Henry Ford Health Providence Hospital is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in January 2026. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Henry Ford Health Providence Hospital reported income of $880.5m and spending of $904.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $780.4m to $880.5m (+13%), an average of +3.1% a year. Over the whole period it spent 95% 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 Providence Hospital sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MI. Charities of a similar size with the same main cause include University Hospitals Health System Inc ($878.2m), Mercy Health Services Iowa Corp ($881.2m) and Kadlec Regional Medical Center ($875.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.1m (0.1% of expenses). Other salaries and wages came to $321.9m. At year end it held assets of $477.7m against liabilities of $236.5m, net assets of $241.1m. It reported 5,258 employees.

Income and spending

$0$228.4m$456.9m$685.3m$913.7m2019 Income: $780,380,7392019 Spending: $708,640,45820192020 Income: $850,694,1272020 Spending: $779,621,95520202021 Income: $913,742,6342021 Spending: $814,807,77420212022 Income: $867,109,5532022 Spending: $885,335,58620222023 Income: $880,490,4022023 Spending: $904,524,5552023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.7%
  • Program services 98%
  • Other 1.3%

Similar-sized charities, same cause

CharityLocationIncome
University Hospitals Health System IncShaker HTS$878.2m
Mercy Health Services Iowa CorpSioux City$881.2m
Kadlec Regional Medical CenterRenton$875.2m
University Medical Center IncLouisville$881.9m