Northeast Valley Health Corporation

Analysis

Northeast Valley Health Corporation is a registered charity in United States, based in San Fernando, CA. It received its IRS tax-exemption ruling in July 1971, 55 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 December 2023, Northeast Valley Health Corporation reported income of $149.2m and spending of $142.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $104.7m to $149.2m (+43%), an average of +9.3% a year. 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, Northeast Valley Health Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Newport Hospital ($149.0m), National Multiple Sclerosis Society ($149.5m) and Mental Health Center of Denver ($149.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $3.5m (2.5% of expenses). Other salaries and wages came to $76.6m. At year end it held assets of $94.9m against liabilities of $54.7m, net assets of $40.1m. It reported 1,262 employees.