Central Valley Medical Services Corporation

Analysis

Central Valley Medical Services Corporation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Central Valley Medical Services Corporation reported income of $5.1m and spending of $4.7m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $5.1m (+233%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Valley Medical Services Corporation 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 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include The Arc North Florida Inc ($5.1m), Young Mens Christian Association ($5.1m) and Child Care Resource & Referral ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $3.8m (80% of expenses). Other salaries and wages came to $452k. At year end it held assets of $6.4m against liabilities of $490k, net assets of $5.9m. It reported 25 employees.