Colorado Rural Health Center
Analysis
Colorado Rural Health Center is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in June 1992, 34 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 December 2023, Colorado Rural Health Center reported income of $4.8m and spending of $4.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $4.8m (+76%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 169%. Over the whole period it spent 92% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Colorado Rural Health Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Create Inc ($4.8m), Wisconsin Statewide Health Information Network Inc ($4.9m) and Pennington Biomedical Research Foundation ($4.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $548k (12% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.7m against liabilities of $330k, net assets of $3.3m. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 25%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Create Inc | Bronx | $4.8m |
| Wisconsin Statewide Health Information Network Inc | Fitchburg | $4.9m |
| Pennington Biomedical Research Foundation | Baton Rouge | $4.8m |
| Sunrise Community of Southwest Florida Inc | Miami | $4.9m |