Montage Health

Analysis

Montage Health is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in March 1982, 44 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, Montage Health reported income of $159.1m and spending of $60.4m, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.7m to $159.1m (+334%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 701%. Over the whole period it spent 37% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Montage Health sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Umass Memorial Health Care Inc ($159.1m), Bristol Bay Area Health Corporation ($159.6m) and Craig Hospital ($159.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 6.0% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $1.58bn against liabilities of $29.2m, net assets of $1.56bn.