Montage Health Foundation
PO Box Hh, Monterey, CA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $34,245,045 | $19,713,707 | $224,069,834 |
| FY2023 | $28,216,248 | $83,922,017 | $195,442,411 |
| FY2022 | $30,198,946 | $17,349,878 | $227,060,607 |
| FY2021 | $32,937,422 | $16,293,128 | $244,952,263 |
| FY2020 | $18,572,587 | $10,434,516 | $189,435,645 |
| FY2019 | $16,821,516 | $10,978,236 | $164,390,484 |
| FY2018 | $21,678,715 | $9,229,572 | $138,686,375 |
| FY2017 | $145,409,735 | $6,031,167 | $139,378,568 |
Form 990 filings
The returns filed by Montage Health Foundation (EIN 81-2889645), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $21,298,923 | 62% |
| Program service revenue | $0 | 0% |
| Other revenue | $12,946,122 | 38% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $15,356,539 | 78% |
| Management & general | $1,580,273 | 8% |
| Fundraising | $2,776,895 | 14% |
What the numbers show
- Contributions & grants made up 62% of total revenue in FY2024.
- Program services accounted for 78% of functional expenses, management & general 8%, and fundraising 14%.
- 78% of functional expenses went to program services in FY2024. That is higher than 23.9% of 380 Health Care organizations in CA.
- Net assets covered about 136.4 months of expenses at the end of the reporting year. That puts it in the 90th percentile among 1698 Health Care organizations in CA.
- Total revenue was higher than 86.9% of 1759 Health Care organizations in CA.
- Total revenue fell from $145,409,735 in FY2017 to $34,245,045 in FY2024. Revenue increased in 3 and decreased in 4 of 7 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 8 reported years (FY2023).
- The highest revenue on record here is $145,409,735 in FY2017.
- Net assets grew from $139,378,568 to $224,069,834 between FY2017 and FY2024.
- Contributions and grants made up 96% of revenue in FY2017 and 62% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE FOUNDATION'S MISSION IS TO ADVANCE THE VISION AND STRATEGIC PRIORITIES OF MONTAGE HEALTH BY INSPIRING GIVING THAT ENHANCES AND IMPROVES THE HEALTH OF THE ENTIRE COMMUNITY. MAJOR ACTIVITIES INCLUDE FUNDRAISING AND DEVELOPMENT, VOLUNTEER SERVICES, A GIFT SHOP, AND THE ART PROGRAM.
IRS status
| Ruling year | 2016 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E11 — Health Care (in CA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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