Mha Health Foundation

Analysis

Mha Health Foundation is a registered charity in United States, based in Okemos, MI. It received its IRS tax-exemption ruling in August 1964, 62 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, Mha Health Foundation reported income of $3.2m and spending of $3.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.0m to $3.2m (-71%), an average of -27% a year. The sharpest change came in the year to June 2021, when income dropped by 54%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mha Health Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Cray Medical Research Foundation ($3.2m), Neuroendocrine Tumor Research Foundation ($3.2m) and Restart Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $3.9m against liabilities of $1.2m, net assets of $2.7m. It reported 20 employees.