Summitwest Care

Analysis

Summitwest Care is a registered charity in United States, based in Grand Junction, CO. It received its IRS tax-exemption ruling in June 2003, 23 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, Summitwest Care reported income of $7.4m and spending of $7.5m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $7.4m to $7.4m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Summitwest Care sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Lincolnhealth Medical Partners Inc ($7.4m), Visiting Nurse Association of Northern New Jersey Health System ($7.4m) and Hearing Evaluation Services of Buffalo Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $391k (5.2% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $5.0m against liabilities of $879k, net assets of $4.1m. It reported 270 employees.