Rocky Mountain Health Care Services

Analysis

Rocky Mountain Health Care Services is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 1979, 47 years ago. 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, Rocky Mountain Health Care Services reported income of $106.4m and spending of $100.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $64.4m to $106.4m (+65%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rocky Mountain Health Care Services 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 99th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include St Marys Hospital of Superior ($106.4m), Methodist Retirement Communities ($107.3m) and Heritage Foundation ($106.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $986k (1.0% of expenses). Other salaries and wages came to $26.5m. At year end it held assets of $69.3m against liabilities of $12.9m, net assets of $56.4m. It reported 561 employees.