Teton Valley Health Care Inc

Analysis

Teton Valley Health Care Inc is a registered charity in United States, based in Driggs, ID. It received its IRS tax-exemption ruling in June 2013, 13 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 2023, Teton Valley Health Care Inc reported income of $27.4m and spending of $29.3m, spending 107% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income grew from $18.9m to $27.4m (+45%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Teton Valley Health Care 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 99th percentile within ID. Charities of a similar size with the same main cause include Aspirus Merrill Hospital & Clinics Inc ($27.4m), Pines Health Services ($27.4m) and Calais Community Hospital ($27.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $934k (3.2% of expenses). Other salaries and wages came to $12.5m. At year end it held assets of $17.4m against liabilities of $4.0m, net assets of $13.4m. It reported 184 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.