Tri-Valley Inc

Analysis

Tri-Valley Inc is a registered charity in United States, based in Dudley, MA. It received its IRS tax-exemption ruling in June 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 June 2023, Tri-Valley Inc reported income of $29.3m and spending of $29.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.6m to $29.3m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tri-Valley Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Methodist Healthcare Community Care Association ($29.3m), Henry J Austin Health Center Inc ($29.3m) and The Fistula Foundation ($29.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $325k (1.1% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $15.6m against liabilities of $5.5m, net assets of $10.1m. It reported 266 employees.