Spanish Peaks Foundation for Health

Analysis

Spanish Peaks Foundation for Health is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in June 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Spanish Peaks Foundation for Health reported income of $85k and spending of $77k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $190k to $85k (-55%), an average of -18% a year. The sharpest change came in the year to June 2020, when income rose by 270%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spanish Peaks Foundation for Health sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Longmont Emergency Unit Inc ($85k), H B Musser Turfgrass Fellowship ($85k) and The Herb Brooks Foundation ($85k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.3% of the total. Other salaries and wages came to $10k. At year end it held assets of $2.7m against liabilities of $605k, net assets of $2.1m.