Logan Health Foundation

Analysis

Logan Health Foundation is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Logan Health Foundation reported income of $7.3m and spending of $5.6m, leaving 23% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $3.8m to $7.3m (+90%), an average of +17% a year. The sharpest change came in the year to March 2021, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Logan Health Foundation sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MT. Charities of a similar size with the same main cause include Others First Inc ($7.2m), The Levine-Lent Family Foundation ($7.3m) and Orcas Island Community Foundation ($7.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $291k (5.2% of expenses). Other salaries and wages came to $227k. At year end it held assets of $26.3m against liabilities of $2.8m, net assets of $23.5m.