Valley Health System

Analysis

Valley Health System is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Valley Health System reported income of $189.9m and spending of $191.5m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $137.5m to $189.9m (+38%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 96% 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 System sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include Roper Saint Francis Physicians Network ($189.8m), Mid-Valley Healthcare Inc ($189.9m) and Good Samaritan Hospital ($189.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $7.9m (4.1% of expenses). Other salaries and wages came to $74.5m. It paid $15k in professional fundraising fees. At year end it held assets of $84.2m against liabilities of $90.4m, net assets of -$6.3m. It reported 7,367 employees.