Valley Community Healthcare

Analysis

Valley Community Healthcare is a registered charity in United States, based in North Hollywood, CA. It received its IRS tax-exemption ruling in May 1970, 56 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, Valley Community Healthcare reported income of $30.9m and spending of $28.3m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.5m to $30.9m (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Valley Community Healthcare sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Gateway Healthcare Inc ($30.9m), Highlands Hospital and Health Center ($30.9m) and Virginia Home ($30.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $1.9m (6.7% of expenses). Other salaries and wages came to $15.8m. At year end it held assets of $27.0m against liabilities of $4.9m, net assets of $22.0m. It reported 306 employees.