Kaiser Foundation Health Plan of Colorado

Analysis

Kaiser Foundation Health Plan of Colorado is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kaiser Foundation Health Plan of Colorado reported income of $4.29bn and spending of $4.16bn, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.34bn to $4.29bn (-1.3%), an average of -0.3% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kaiser Foundation Health Plan of Colorado sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Orlando Health Inc ($4.22bn), Henry Ford Health System ($4.50bn) and Kaiser Foundation Health Plan of Washington ($4.20bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Other salaries and wages came to $490.4m. At year end it held assets of $2.44bn against liabilities of $974.8m, net assets of $1.46bn. It reported 6,514 employees.