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Colorado · Nonprofit

CRAIG HOSPITAL

CRAIG HOSPITAL (Colorado) receives grants from 58 organizations whose IRS filings report $13,154,387 to it, the largest being THE GALENA FOUNDATION ($8,014,812). 28 of them have funded it in more than one year.

Revenue FY2025
$186M
Funders on record
58
Grants received
$13M
Net assets
$341M
28/58 repeat funderspeak grant-dependency 1%
01What it does

What Craig Hospital does

Mission

Craig Hospital is a 93-bed, long-term acute care and rehabilitation hospital that provides care exclusively for patients with spinal cord and brain injury. The hospital provides a comprehensive system of inpatient and outpatient medical care, rehabilitation, neurosurgical, rehabilitative care, and long-term follow-up services.

As stated on its FY2025 Form 990.

Programs

  1. Craig Hospital provides rehabilitation and medical services exclusively to patients with spinal cord and brain injury on both an inpatient and outpatient basis and during the tax year, provided 29,572 days of inpatient care and 17,239 outpatient visits.

    $122,817,205 spentof which $496,920 as grants$162,642,735 earned by the program
    97% of program spending
  2. Craig Hospital is designated by the national institute on disability, independent living and rehabilitation research (nidilrr) as a model system for both spinal cord injury and brain injury. The hospital is also the brain injury model systems national data & statistical center and also conducted several other research projects supported by nidilrr, dod, other foundations and industry. During the year, the hospital's research department employed a staff of 27.

    $3,193,554 spent
    3% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $126,010,759.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($116M) Expenses 100 ($105M) Net assets 100 ($197M)2018 Revenue 108 ($125M) Expenses 105 ($110M) Net assets 107 ($212M)2019 Revenue 114 ($132M) Expenses 115 ($120M) Net assets 114 ($224M)2020 Revenue 109 ($126M) Expenses 114 ($119M) Net assets 119 ($235M)2021 Revenue 122 ($141M) Expenses 125 ($131M) Net assets 129 ($255M)2022 Revenue 126 ($145M) Expenses 134 ($141M) Net assets 118 ($232M)2023 Revenue 138 ($159M) Expenses 143 ($150M) Net assets 140 ($276M)2024 Revenue 143 ($165M) Expenses 153 ($160M) Net assets 158 ($312M)2025 Revenue 161 ($186M) Expenses 162 ($170M) Net assets 173 ($341M)
'17'18'19'20'21'22'23'24'25
Revenue (161)Expenses (162)Net assets (173)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $301M to $345M (+14%).

$253M
$279M
$291M
$299M
$326M
$301M
$345M
$380M
$415M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 3% · 2019 3% · 2020 3% · 2021 3% · 2022 2% · 2023 2% · 2024 2% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

6% of CRAIG HOSPITAL’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$11M
’17
$15M
’18
$12M
’19
$6.1M
’20
$9.9M
’21
$4.6M
’22
$9.4M
’23
$4.8M
’24
$16M
’25
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Bruce Schroffel

Chair (start 04/25)

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed252530333230252527
Joined·+5+12+9+6+4+2+6+7
No longer listed·57676765
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 12 funders to 22 funders, grant income rose $1.2M → $2.0M.

10 of 58 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $58M from one payer (the payer shares this organization's board, largest Craig Hospital Foundation). These are real filings, and they are not money CRAIG HOSPITAL raised.

From the IRS filings of CRAIG HOSPITAL’s funders (the co-funder graph). Top 30 of 58 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CRAIG HOSPITAL leans on a few funders — its largest provides 61% of grant income and the top three 72%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

61%
largest funder
72%
top three
~3
effective funders

Largest funder’s share by year: 2017 81% · 2018 75% · 2019 56% · 2020 69% · 2021 66% · 2022 65% · 2023 49% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

52% of CRAIG HOSPITAL's funders are still giving 3 years after their first grant; 48% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

72% of CRAIG HOSPITAL's grant income comes from Colorado funders.

NY
MA
IA
NJ
CA
CO
MO
WV
VA
DE
AZ
TN
DC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Colorado out of state home

Funder states come from each funder’s own filing. $857k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CRAIG HOSPITAL runs a healthier operating margin than half of the 1,256 health nonprofits its size.

Operating margin8% · above the median
Months of reserve0.6mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 1,256 health nonprofits over $100M, FY2025

Government funding CRAIG HOSPITAL receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $31.9M on record — $31.9M federal, $490 state.

Federal$31.9M
grants $26.5Mcontracts $5.4M
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Health and Human Services$21.7M
  • Department of Veterans Affairs$5.3M
  • Department of Defense$4.9M
State$490
19
20
21
22
23
24
25
By state
  • OR$428
  • FL$62

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CRAIG HOSPITAL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 24%Fundraising 2%

Governance

13
board members
92%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Craig Hospital Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for CRAIG HOSPITAL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CRAIG HOSPITAL?
CRAIG HOSPITAL (Colorado) receives grants from 58 organizations whose IRS filings report $13,154,387 to it, the largest being THE GALENA FOUNDATION ($8,014,812). 28 of them have funded it in more than one year.
How many funders does CRAIG HOSPITAL have?
IRS filings report 58 organizations giving $13,154,387 in grants to CRAIG HOSPITAL, 28 of which have funded it in more than one year.
Who is the largest funder of CRAIG HOSPITAL?
THE GALENA FOUNDATION is the largest funder on record, with $8,014,812 in grants. The full list of funders is on this page.
How can an organization like CRAIG HOSPITAL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 58 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing