Uchealth Northern Colorado Foundation

Analysis

Uchealth Northern Colorado Foundation is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in January 1977, 49 years ago. 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 June 2023, Uchealth Northern Colorado Foundation reported income of $6.2m and spending of $4.0m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $6.2m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Uchealth Northern Colorado Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Bear Creek Services Inc ($6.2m), Catholic Youth Org of Mercer County Inc ($6.2m) and Minnesota State University Moorhead Foundation Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $173k (4.3% of expenses). Other salaries and wages came to $656k. It paid $60k in professional fundraising fees. At year end it held assets of $28.3m against liabilities of $1.1m, net assets of $27.2m. It reported 12 employees.