Henry Ford Health System Michigan State University Health Sciences

Analysis

Henry Ford Health System Michigan State University Health Sciences is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Health System Michigan State University Health Sciences reported income of $157k and spending of $4.3m, spending 2719% of what it took in. The sharpest change came in the year to December 2023, when income rose by 260%. Over the whole period it spent 3873% 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 System Michigan State University Health Sciences sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include Blythe Cancer Resource Center ($157k), Lowell Community Wellness ($157k) and Minidoka Health Care Foundation Inc ($157k).

At year end it held assets of $3.8m against liabilities of $2.0m, net assets of $1.8m.

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.