Copper Shores Community Health Foundation

Analysis

Copper Shores Community Health Foundation is a registered charity in United States, based in Hancock, MI. It received its IRS tax-exemption ruling in April 1992, 34 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, Copper Shores Community Health Foundation reported income of $4.7m and spending of $5.5m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.7m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Copper Shores Community Health Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include L2815 Boundary Waters Care Center ($4.7m), Crowley County Nursing Center ($4.7m) and De Baca Family Practice Clinic ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 2.4% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $79.9m against liabilities of $1.2m, net assets of $78.7m. It reported 81 employees.