Yampa Valley Medical Center Foundation

Analysis

Yampa Valley Medical Center Foundation is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in November 2001, 25 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 (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Yampa Valley Medical Center Foundation reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.6m (+58%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 94%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Yampa Valley Medical Center Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Society of Abdominal Radiology ($1.6m), Northern Medical Center Inc ($1.6m) and American Society of Cytopathology ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $144k (9.7% of expenses). Other salaries and wages came to $91k. At year end it held assets of $23.9m against liabilities of $554k, net assets of $23.3m. It reported 2 employees.