Rocky Mountain University of Health Professions Foundation

Analysis

Rocky Mountain University of Health Professions Foundation is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rocky Mountain University of Health Professions Foundation reported income of $3.8m and spending of $1.0m, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $452k to $3.8m (+751%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 546%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rocky Mountain University of Health Professions Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within UT. Charities of a similar size with the same main cause include Elizabeth Ann Clune Montessori School of Ithaca ($3.8m), Jack and Jill Educational Consulting a NJ Nonprofit Corporat ($3.8m) and Wellmed Charitable Foundation ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6.1m against liabilities of $2.8m, net assets of $3.3m.