Souris Valley Care Center Inc

Analysis

Souris Valley Care Center Inc is a registered charity in United States, based in Velva, ND. It received its IRS tax-exemption ruling in June 1980, 46 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 (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, Souris Valley Care Center Inc reported income of $6.1m and spending of $6.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $6.1m (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Souris Valley Care Center Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within ND. Charities of a similar size with the same main cause include Southern Regional Resource Center ($6.1m), Southwestern Human Services ($6.1m) and Shelby County Medical Corp ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $2.6m against liabilities of $461k, net assets of $2.2m. It reported 125 employees.