Aspen Valley Hospital Foundation

Analysis

Aspen Valley Hospital Foundation is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in February 2014, 12 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, Aspen Valley Hospital Foundation reported income of $6.8m and spending of $4.8m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $6.8m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aspen Valley Hospital Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Bryan Health ($6.8m), One Life Counseling Center ($6.8m) and Owsley County Health Care Center Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $400k (8.3% of expenses). Other salaries and wages came to $418k. At year end it held assets of $10.2m against liabilities of $609k, net assets of $9.5m.