Catholic Health Initiatives Colorado: $2.6B Revenue, $2.5B Expenses
Centennial, Colorado · EIN 840405257 · Filing year 2023
Catholic Health Initiatives Colorado reported $2.6B in total revenue, $2.5B in total expenses, and $5.8B in total assets on its 2023 IRS Form 990. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: B (76/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $2.6B
- Total Expenses
- $2.5B
- Total Assets
- $5.8B
- Reserve Months
- 28.2 months
- Surplus / (Deficit)
- $180.6M
- EIN
- 840405257
- Latest 990 Year
- 2023
- Current-Officer Compensation
- Not reported
- Officer Comp % of Revenue
- N/A
The efficiency rubric puts Catholic Health Initiatives Colorado at a B grade: a composite of 76/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.
Catholic Health Initiatives Colorado operates at corporate scale — $2.6B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). Financial health is a strength: Catholic Health Initiatives Colorado carries a healthy operating-reserve cushion against $2.5B in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.
Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Catholic Health Initiatives Colorado is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. The financial profile in this category is capital-intensive, with large balance sheets and program service revenue that often dwarfs donations.
How Catholic Health Initiatives Colorado Compares
Catholic Health Initiatives Colorado earns a NonprofitTruth efficiency grade of B (76/100). That is 2 points below the Health category average. The organization holds 28.2 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Catholic Health Initiatives Colorado reported $2.6B in revenue against $2.5B in total functional expenses for filing year 2023, holding roughly 28.2 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
Revenue History
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Catholic Health Initiatives Colorado has a NonprofitTruth Efficiency Score of B (76/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Catholic Health Initiatives Colorado, Donor FAQ
Catholic Health Initiatives Colorado has a NonprofitTruth Efficiency Score of B (76/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Current-officer compensation for Catholic Health Initiatives Colorado is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.
Catholic Health Initiatives Colorado reported $2.6B in annual revenue and $2.5B in total expenses for filing year 2023. The organization holds $5.8B in total assets.
Catholic Health Initiatives Colorado holds approximately 28.2 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Catholic Health Initiatives Colorado is a registered 501(c) organization with EIN 840405257, based in Centennial, Colorado. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.