Catholic Health Initiatives Colorado Foundation

Analysis

Catholic Health Initiatives Colorado Foundation is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in July 2019, 7 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 June 2023, Catholic Health Initiatives Colorado Foundation reported income of $16.9m and spending of $14.5m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.9m to $16.9m (-5.9%), an average of -1.5% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. 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 Health Initiatives Colorado Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Autism Services Center Inc ($16.9m), Guidance Center Inc ($16.9m) and Nhan Hoa Comprenesive Health Care Clinic Inc ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $1.7m. It paid $855 in professional fundraising fees. At year end it held assets of $99.7m against liabilities of $23.7m, net assets of $76.0m. It reported 23 employees.