Southwest Health Foundation

Analysis

Southwest Health Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Southwest Health Foundation reported income of $406k and spending of $406k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.1m to $406k (-62%), an average of -18% a year. The sharpest change came in the year to December 2020, when income rose by 226%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southwest Health Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within NM. Charities of a similar size with the same main cause include Morgan Hoffmann Foundation ($406k), American Brain Coalition ($406k) and Grace Christian Counseling Center ($406k).

At year end it held assets of $161.6m against liabilities of $5,586, net assets of $161.6m.