Valley Nursing & Rehabilitation Center

Analysis

Valley Nursing & Rehabilitation Center is a registered charity in United States, based in Quakertown, PA. It received its IRS tax-exemption ruling in October 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Valley Nursing & Rehabilitation Center reported income of $5.5m and spending of $5.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $5.5m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Nursing & Rehabilitation Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Grace Brethren Village Inc ($5.5m), Peninsula Bridge Program ($5.5m) and Catholic Council for Social Concern Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 89% of the total. At year end it held assets of $4.0m against liabilities of $643k, net assets of $3.4m. It reported 72 employees.