Chosen Valley Care Center Inc

Analysis

Chosen Valley Care Center Inc is a registered charity in United States, based in Chatfield, MN. It received its IRS tax-exemption ruling in February 1978, 48 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 September 2023, Chosen Valley Care Center Inc reported income of $10.6m and spending of $10.1m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.7m to $10.6m (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2021, when income rose by 24%. 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, Chosen Valley Care Center Inc 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 95th percentile within MN. Charities of a similar size with the same main cause include North Broward Hospital District Charitable Foundation Inc ($10.6m), Translational Pulmonary and Immunology Research Center ($10.6m) and Drug Abuse Treatment Assc Inc ($10.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $177k (1.8% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $21.7m against liabilities of $14.1m, net assets of $7.6m. It reported 201 employees.