Henry Ford Health Genesys Foundation

Analysis

Henry Ford Health Genesys Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting 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 Genesys Foundation reported income of $840k and spending of $1.7m, spending 200% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $432k to $840k (+95%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 100%. Over the whole period it spent 115% 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 Genesys Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include New Hope Community Service Center ($840k), New Hampshire Professionals Healthprogram ($840k) and Health Alliance of Northern California ($839k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $10.7m against liabilities of $86k, net assets of $10.6m.