Commonspirit Health Foundation

Analysis

Commonspirit Health Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Commonspirit Health Foundation reported income of $4.6m and spending of $1.4m, leaving 69% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $657k to $4.6m (+595%), an average of +164% a year. The sharpest change came in the year to June 2022, when income rose by 459%. Over the whole period it spent 27% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Commonspirit Health Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Ar-Rahman Learning Center Inc ($4.6m), Media Dream ($4.6m) and Prophecy Watchers Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 125% of the total. At year end it held assets of $13.8m against liabilities of $18k, net assets of $13.8m.