Vail Health Services Foundation
Analysis
Vail Health Services Foundation is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in September 1988, 38 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 October 2023, Vail Health Services Foundation reported income of $29.9m and spending of $31.2m, spending 104% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $10.6m to $29.9m (+182%), an average of +30% a year. The sharpest change came in the year to October 2022, when income rose by 169%. Over the whole period it spent 90% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vail Health Services Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Kalos Health Inc ($29.9m), Society of St Vincent de Paul Charitable Pharmacy of North Texas ($29.9m) and Edgerton Hospital and Health Services Inc ($29.9m).
On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59.8m against liabilities of $8.7m, net assets of $51.0m.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kalos Health Inc | Lockport | $29.9m |
| Society of St Vincent de Paul Charitable Pharmacy of North Texas | Dallas | $29.9m |
| Edgerton Hospital and Health Services Inc | Edgerton | $29.9m |
| Eastway Corporation | Dayton | $29.9m |