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Center for Improving Value in Health Care

RegisteredEIN 27-2884568Glendale, COHealth and saving lives
Income$10.5m2024-06
Spending$9.5msame year
Spent / received90%5-year average
Size in its cause84th pctHealth and saving lives
Exempt since2011Publicly supported organisat
Employees53latest return

Analysis

Center for Improving Value in Health Care is a registered charity in United States, based in Glendale, CO. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover medical research, 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 2024, Center for Improving Value in Health Care reported income of $10.5m and spending of $9.5m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.5m to $10.5m (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Improving Value in Health Care sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Healthfirst Family Care Center Inc ($10.5m), Youable Emotional Health Services ($10.5m) and Michigan Peer Review Organization ($10.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $465k (4.9% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $8.4m against liabilities of $2.9m, net assets of $5.5m. It reported 53 employees.

Income and spending

$0$2.6m$5.2m$7.9m$10.5m2020 Income: $6,515,6262020 Spending: $5,993,85720202021 Income: $6,343,6982021 Spending: $5,948,42420212022 Income: $7,883,2192022 Spending: $7,362,94520222023 Income: $9,787,0452023 Spending: $8,176,64320232024 Income: $10,475,9042024 Spending: $9,471,5262024
IncomeSpending

Where the income comes from

  • Contributions & grants 88%
  • Program services 12%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Healthfirst Family Care Center IncFranklin$10.5m
Youable Emotional Health ServicesMinneapolis$10.5m
Michigan Peer Review OrganizationGrand Rapids$10.5m
Providence Alaska FoundationAnchorage$10.5m