Intermountain Healthcare Foundation Inc

Analysis

Intermountain Healthcare Foundation Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in August 2009, 17 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, Intermountain Healthcare Foundation Inc reported income of $69.1m and spending of $50.0m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $107.5m to $69.1m (-36%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Intermountain Healthcare Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within UT. Charities of a similar size with the same main cause include Murphy Medical Center Inc ($69.1m), Eastern Maine Healthcare Systems ($69.3m) and Santa Barbara Cottage Hospital Foundation ($69.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. It paid $377k in professional fundraising fees. At year end it held assets of $1.10bn against liabilities of $582.5m, net assets of $515.8m.