Pleasant Valley Hospital Inc

Analysis

Pleasant Valley Hospital Inc is a registered charity in United States, based in Pt Pleasant, WV. It received its IRS tax-exemption ruling in August 1963, 63 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, Pleasant Valley Hospital Inc reported income of $54.3m and spending of $62.6m, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $65.1m to $54.3m (-17%), an average of -4.4% a year. The sharpest change came in the year to September 2020, when income rose by 21%. 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, Pleasant Valley Hospital Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WV. Charities of a similar size with the same main cause include Eger Health Care and Rehabilitation Center ($54.2m), Hospital Menonita Humacao Inc ($54.3m) and New Jersey Organ and Tissue Sharing Network Inc ($54.2m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $438k (0.7% of expenses). Other salaries and wages came to $22.5m. At year end it held assets of $41.2m against liabilities of $36.3m, net assets of $4.9m. It reported 505 employees.