Valley Oaks Health Inc

Analysis

Valley Oaks Health Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in January 1940, 86 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 (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 Oaks Health Inc reported income of $35.1m and spending of $38.2m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $41.7m to $35.1m (-16%), an average of -5.6% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Valley Oaks Health Inc 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 IN. Charities of a similar size with the same main cause include St Patricks Home for the Aged and Infirm ($35.1m), Christopher Greater Area Rural Health Planning Corporation ($35.1m) and Morrison Child & Family Services ($35.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $1.1m (2.9% of expenses). Other salaries and wages came to $23.4m. At year end it held assets of $85.1m against liabilities of $4.9m, net assets of $80.2m. It reported 659 employees.