Rocky Mountain Health Foundation

Analysis

Rocky Mountain Health Foundation is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Rocky Mountain Health Foundation reported income of $28.2m and spending of $3.8m, leaving 86% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $20.0m to $28.2m (+41%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 1666%. Over the whole period it spent 18% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rocky Mountain Health Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include University of Western States ($28.1m), Montage Health Foundation ($28.2m) and Community Memorial Healthcare Inc ($28.1m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $183k (4.8% of expenses). Other salaries and wages came to $235k. At year end it held assets of $91.7m against liabilities of $200k, net assets of $91.5m.