Tri-Valley Medical Foundation

Analysis

Tri-Valley Medical Foundation is a registered charity in United States, based in Cambridge, NE. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 April 2023, Tri-Valley Medical Foundation reported income of $181k and spending of $400k, spending 221% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $205k to $181k (-12%), an average of -3.0% a year. The sharpest change came in the year to April 2023, when income rose by 107%. Over the whole period it spent 230% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tri-Valley Medical Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NE. Charities of a similar size with the same main cause include Community Support Providers of South Dakota ($181k), Evvaylois Foundation ($181k) and Kahua Paa Mua Inc ($181k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $70k (17% of expenses). At year end it held assets of $3.6m against liabilities of $191k, net assets of $3.4m.

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.