Catholic Foundation of Intermountain Health Inc

Analysis

Catholic Foundation of Intermountain Health Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 1977, 49 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, Catholic Foundation of Intermountain Health Inc reported income of $4.9m and spending of $3.3m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.0m to $4.9m (-59%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Catholic Foundation of Intermountain Health Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Visiting Nurse Association of Utica and Oneida County Inc ($4.9m), Catholic Eldercare Community Services Corporation ($4.9m) and The Kline Galland Center ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $207k (6.3% of expenses). Other salaries and wages came to $420k. At year end it held assets of $16.0m against liabilities of $202k, net assets of $15.8m.