Spanish Peaks Healthcare Systems

Analysis

Spanish Peaks Healthcare Systems is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Spanish Peaks Healthcare Systems reported income of $2.5m and spending of $1.7m, leaving 31% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.7m to $2.5m (+42%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spanish Peaks Healthcare Systems sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Eastern Allergy Conference Inc ($2.5m), Upmc ($2.5m) and FHS Provider Services Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% of the total. Other salaries and wages came to $226k. At year end it held assets of $83.2m against liabilities of $30.2m, net assets of $53.0m.