Henry Ford Health St John Hospital

Analysis

Henry Ford Health St John Hospital is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in December 1978, 48 years ago. 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 St John Hospital reported income of $1.10bn and spending of $1.02bn, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $851.3m to $1.10bn (+29%), an average of +6.6% a year. Over the whole period it spent 97% 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 St John 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 Billings Clinic ($1.09bn), Froedtert Thedacare Health Inc ($1.10bn) and Englewood Hospital and Medical Center a New Jersey Nonprofit Corp ($1.09bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $1.4m (0.1% of expenses). Other salaries and wages came to $339.0m. At year end it held assets of $576.3m against liabilities of $231.5m, net assets of $344.8m. It reported 4,747 employees.