Trinidad Area Health Association

Analysis

Trinidad Area Health Association is a registered charity in United States, based in Trinidad, CO. It received its IRS tax-exemption ruling in July 1969, 57 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trinidad Area Health Association reported income of $48.1m and spending of $47.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $39.9m to $48.1m (+21%), an average of +4.8% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trinidad Area Health Association 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 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Lifeserve Blood Center ($48.1m), St Lukes Hospital Inc ($48.2m) and Horizon House Rehabilitation Serv Inc ($48.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.0m (4.2% of expenses). Other salaries and wages came to $14.5m. At year end it held assets of $63.5m against liabilities of $33.9m, net assets of $29.6m. It reported 292 employees.