Valley Health Alliance Inc

Analysis

Valley Health Alliance Inc is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in October 2016, 10 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, Valley Health Alliance Inc reported income of $901k and spending of $901k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $369k to $901k (+144%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Valley Health Alliance Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Louma G Private Foundation ($900k), Fulton County Medical Center Foundation ($901k) and Association of Black Psychologists ($900k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $169k (19% of expenses). Other salaries and wages came to $142k. At year end it held assets of $0 against liabilities of $0, net assets of $0.