Bronson Health Foundation Inc

Analysis

Bronson Health Foundation Inc is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Bronson Health Foundation Inc reported income of $11.2m and spending of $8.8m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.9m to $11.2m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bronson Health Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Northwest Michigan Health Services Inc ($11.2m), Northern Illinois Blood Bank Inc ($11.2m) and Visiting Nurse Services in Westchester Inc ($11.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 22% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $26.8m against liabilities of $183k, net assets of $26.6m.