Henry Ford Learning Institute

Analysis

Henry Ford Learning Institute is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Henry Ford Learning Institute reported income of $5.9m and spending of $6.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $5.9m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Henry Ford Learning Institute sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Canton College Preparatory School ($5.9m), Archway Classical Academy Central Scottsdale ($5.9m) and Behavioral Science Centers ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $6.8m against liabilities of $733k, net assets of $6.0m. It reported 23 employees.