Mackinac Straits Health Foundation

Analysis

Mackinac Straits Health Foundation is a registered charity in United States, based in Saint Ignace, MI. It received its IRS tax-exemption ruling in September 2014, 12 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 (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Mackinac Straits Health Foundation reported income of $375k and spending of $321k, spending 85% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $163k to $375k (+131%), an average of +23% a year. The sharpest change came in the year to March 2022, when income rose by 131%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mackinac Straits Health Foundation sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Crisis Pregnancy Center of South Jersey Inc ($375k), Western New York Educational Service Council ($375k) and Hope House Ministry Inc ($375k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 72% of the total. It paid $17k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.