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Michigan · Nonprofit
ASPIRUS IRON AREA HEALTH FOUNDATION (Michigan) is funded by 2 grantmakers whose IRS filings report $21,533 in grants to it, the largest being COVANTAGE CARES FOUNDATION INC ($15,000). 1 of them have funded it in more than one year.
Against its field
ASPIRUS IRON AREA HEALTH FOUNDATION has grown faster than half of the 9,383 health nonprofits its size.
this organization peer median middle 50% of peers· 9,383 health nonprofits under $100k, FY2024
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
The funding model — what share of revenue comes from contributions, programs, investments and other sources — and whether it's shifting.
6% of ASPIRUS IRON AREA HEALTH FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (70% for the typical peer).
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.
$7k from 1 funders in 2019, up from $10k and 1 in 2017.
From the IRS filings of ASPIRUS IRON AREA HEALTH FOUNDATION’s funders (the co-funder graph). Association, not causation.
ASPIRUS IRON AREA HEALTH FOUNDATION leans on a few funders — its largest provides 70% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
ASPIRUS IRON AREA HEALTH FOUNDATION draws 70% of its grant income from funders outside Michigan — its reputation reaches beyond the state, across 2 states in all.
In-state vs out-of-state, by year
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Read directly from this organization’s own Form 990, as neutral context.
Every figure is read directly from IRS Form 990 / 990-PF e-file XML — this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. view filing