Henry Ford Southeast Michigan Community Health

Analysis

Henry Ford Southeast Michigan Community Health is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in December 1979, 47 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 Southeast Michigan Community Health reported income of $8.6m and spending of $9.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.2m to $8.6m (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. Over the whole period it spent 100% 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 Southeast Michigan Community Health sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Riddle Healthcare Foundation ($8.6m), Pennsylvania Organization for Women in Early Recovery ($8.6m) and South Texas Rural Health Services Inc ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.5% of the total. Other salaries and wages came to $5.9m. At year end it held assets of $3.3m against liabilities of $3.3m, net assets of $12k. It reported 108 employees.