Sacopee Valley Health Center

Analysis

Sacopee Valley Health Center is a registered charity in United States, based in Porter, ME. It received its IRS tax-exemption ruling in March 1976, 50 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 May 2023, Sacopee Valley Health Center reported income of $9.4m and spending of $8.9m, spending 95% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $6.5m to $9.4m (+45%), an average of +9.7% a year. The sharpest change came in the year to May 2023, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sacopee Valley Health Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within ME. Charities of a similar size with the same main cause include Interval Brotherhood Homes Corporation ($9.4m), Medical Center Foundation Inc ($9.4m) and Chelsea Jewish Lifecare Inc ($9.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $493k (5.5% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $6.8m against liabilities of $1.5m, net assets of $5.3m. It reported 108 employees.