Intermountain Front Range Inc

Analysis

Intermountain Front Range Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in February 1999, 27 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 December 2023, Intermountain Front Range Inc reported income of $1.13bn and spending of $1.27bn, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $897.6m to $1.13bn (+26%), an average of +5.9% a year. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Intermountain Front Range Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within UT. Charities of a similar size with the same main cause include Asante ($1.13bn), Centra Health Inc ($1.13bn) and Mercy Hospital Springfield ($1.12bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $9.7m (0.8% of expenses). Other salaries and wages came to $473.2m. At year end it held assets of $1.11bn against liabilities of $782.5m, net assets of $327.3m. It reported 9,630 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.