Colorado Health Network Inc

Analysis

Colorado Health Network Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 September 2023, Colorado Health Network Inc reported income of $31.9m and spending of $31.6m, spending 99% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $24.6m to $31.9m (+29%), an average of +9.0% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Colorado Health Network Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Plains Hospitals Inc ($31.8m), Project Angel Food ($31.9m) and Marion County Horizon Center ($31.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Other salaries and wages came to $10.7m. At year end it held assets of $16.3m against liabilities of $7.5m, net assets of $8.8m. It reported 200 employees.