McKee Medical Center Foundation

Analysis

McKee Medical Center Foundation is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in August 1981, 45 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, McKee Medical Center Foundation reported income of $1.1m and spending of $959k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-3.3%), an average of -0.8% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McKee Medical Center Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Hope Unlimited Family Care Center ($1.1m), Life Academy Inc ($1.1m) and Health Equity Council ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $130k (14% of expenses). Other salaries and wages came to $192k. At year end it held assets of $5.5m against liabilities of $485k, net assets of $5.0m. It reported 6 employees.