Golden Valley Health Centers Foundation

Analysis

Golden Valley Health Centers Foundation is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Golden Valley Health Centers Foundation reported income of $278k and spending of $706k, spending 254% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $911k to $278k (-70%), an average of -26% a year. The sharpest change came in the year to March 2022, when income rose by 101%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Golden Valley Health Centers Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include United Way of Stephens County Inc ($277k), Continental Societies Inc ($278k) and Northeast Pennsylvania Lions Service Foundation Inc ($277k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $174k. At year end it held assets of $656k against liabilities of $59k, net assets of $597k.