Zumbro Valley Health Center Inc

Analysis

Zumbro Valley Health Center Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in July 1966, 60 years ago. Its declared purposes cover mental health and crisis intervention, 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 December 2023, Zumbro Valley Health Center Inc reported income of $24.5m and spending of $26.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.2m to $24.5m (+35%), an average of +7.7% a year. 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, Zumbro Valley Health Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Morehouse Healthcare Inc ($24.5m), Options for Community Living Inc ($24.5m) and Chop Clinical Associates Inc ($24.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $536k (2.1% of expenses). Other salaries and wages came to $14.1m. At year end it held assets of $28.4m against liabilities of $9.2m, net assets of $19.2m. It reported 304 employees.