Headwaters Health Foundation
Analysis
Headwaters Health Foundation is a registered charity in United States, based in Hillsdale, MI. It received its IRS tax-exemption ruling in March 2016, 10 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 i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Headwaters Health Foundation reported income of $1.4m and spending of $1.6m, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.4m to $1.4m (-3.4%), an average of -0.9% a year. Over the whole period it spent 135% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Headwaters Health Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Survivors of Abuse in Recovery Inc ($1.4m), Wilkes Medical Center Foundation ($1.4m) and DDD Foundation Inc ($1.4m).
At year end it held assets of $12.9m against liabilities of $20.9m, net assets of -$7.9m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Other 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Survivors of Abuse in Recovery Inc | Wilmington | $1.4m |
| Wilkes Medical Center Foundation | N Wilkesboro | $1.4m |
| DDD Foundation Inc | Atlanta | $1.4m |
| New Mainers Public Health Initiative | Lewiston | $1.4m |