Valley Health Care Corp

Analysis

Valley Health Care Corp is a registered charity in United States, based in Somerville, NJ. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Valley Health Care Corp reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-9.0%), an average of -2.3% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Valley Health Care Corp sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include San Antonio Birth Doulas ($1.6m), Miles for Migraine ($1.6m) and Lighthouse 4kids Inc ($1.6m).

Other salaries and wages came to $677k. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of $1,885. It reported 9 employees.