River Valley Health Network
Analysis
River Valley Health Network is a registered charity in United States, based in Madison, MN. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2020, River Valley Health Network reported income of $267k and spending of $279k, spending 105% of its income. Across the 2 years on record, from September 2019 to September 2020, income fell from $425k to $267k (-37%), an average of -37% a year. The sharpest change came in the year to September 2020, when income dropped by 37%. Over the whole period it spent 101% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, River Valley Health Network sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Waiha Warriors ($267k), Kentucky Diabetes Camp for Children Inc ($267k) and Hearth Natural Medicine a Nonprofit Community Clinic ($267k).
On its Form 990 for the period ending September 2020, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $71k (25% of expenses). At year end it held assets of $17k against liabilities of $3,600, net assets of $14k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Waiha Warriors | Marion | $267k |
| Kentucky Diabetes Camp for Children Inc | Louisville | $267k |
| Hearth Natural Medicine a Nonprofit Community Clinic | Port Townsend | $267k |
| Sheltered Homes of Alexandria Bellefonte Apts | Alexandria | $267k |