Montage Health Foundation

Analysis

Montage Health Foundation is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in August 2016, 10 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, Montage Health Foundation reported income of $28.2m and spending of $83.9m, spending 297% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.8m to $28.2m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Montage Health Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Rocky Mountain Health Foundation ($28.2m), Appalachian Mountain Project Access ($28.2m) and University of Western States ($28.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $198.9m against liabilities of $3.5m, net assets of $195.4m. It reported 21 employees.