Michigan Health Endowment Fund
9829 Spencer Rd Ste 201, Brighton, MI · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $116,075,631 | $46,797,977 | $565,117,225 |
| FY2023 | $112,333,265 | $45,073,297 | $458,793,559 |
| FY2022 | $108,315,323 | $58,510,745 | $344,100,662 |
| FY2021 | $101,875,561 | $58,257,426 | $350,636,465 |
| FY2020 | $101,890,757 | $65,905,919 | $283,266,234 |
| FY2019 | $92,923,976 | $64,705,030 | $225,780,241 |
| FY2018 | $92,174,540 | $62,050,729 | $175,059,864 |
| FY2017 | $67,008,980 | $54,825,585 | $158,407,982 |
| FY2016 | $64,896,217 | $27,986,552 | $133,895,931 |
| FY2015 | $50,687,046 | $14,288,198 | $97,675,025 |
| FY2014 | $100,147,449 | $38,947,625 | $61,199,824 |
Form 990 filings
The returns filed by Michigan Health Endowment Fund (EIN 46-5054207), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $100,000,000 | 86% |
| Program service revenue | $0 | 0% |
| Other revenue | $16,075,631 | 14% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $43,643,815 | 93% |
| Management & general | $3,154,162 | 7% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 86% of total revenue in FY2024.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2024. That is higher than 84% of 257 Voluntary Health Associations & Medical Disciplines organizations nationwide (too few in MI for a state comparison).
- Net assets covered about 144.9 months of expenses at the end of the reporting year. That puts it in the 96th percentile among 127 Voluntary Health Associations & Medical Disciplines organizations in MI.
- Total revenue was the highest among 127 Voluntary Health Associations & Medical Disciplines organizations in MI.
- Total revenue rose from $100,147,449 in FY2014 to $116,075,631 in FY2024. Revenue increased in 8 and decreased in 2 of 10 year-over-year comparisons.
- Revenue covered expenses in each of the 11 reported years, FY2014 to FY2024.
- Net assets grew from $61,199,824 to $565,117,225 between FY2014 and FY2024.
- Contributions and grants made up 100% of revenue in FY2014 and 86% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE MISSION OF THE MICHIGAN HEALTH ENDOWMENT FUND IS TO IMPROVE THE HEALTH OF MICHIGAN RESIDENTS, WITH SPECIAL EMPHASIS ON THE HEALTH AND WELLNESS OF CHILDREN AND SENIORS, WHILE REDUCING THE COST OF HEALTH CARE.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | G12 — Voluntary Health Associations & Medical Disciplines |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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