Craig Hospital Foundation

Analysis

Craig Hospital Foundation is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in February 1974, 52 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 September 2023, Craig Hospital Foundation reported income of $17.3m and spending of $10.2m, leaving 41% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.8m to $17.3m (+97%), an average of +18% a year. The sharpest change came in the year to September 2023, when income rose by 46%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Craig Hospital Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Lupus Foundation of America Inc ($17.2m), Victory Human Sevices Inc ($17.3m) and Pace Central Michigan ($17.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $29.3m against liabilities of $196k, net assets of $29.1m.