Salud Family Health

Analysis

Salud Family Health is a registered charity in United States, based in Fort Lupton, CO. It received its IRS tax-exemption ruling in June 1972, 54 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 May 2023, Salud Family Health reported income of $121.1m and spending of $107.4m, spending 89% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $84.7m to $121.1m (+43%), an average of +9.3% a year. The sharpest change came in the year to May 2022, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Salud Family Health sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Wayne Memorial Hospital ($120.9m), Saint Joseph Regional Medical Center Inc ($121.1m) and Welvista ($120.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $1.4m (1.3% of expenses). Other salaries and wages came to $44.3m. At year end it held assets of $96.4m against liabilities of $19.3m, net assets of $77.2m. It reported 742 employees.