Valley Health Care Inc

Analysis

Valley Health Care Inc is a registered charity in United States, based in Mill Creek, WV. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Valley Health Care Inc reported income of $20.1m and spending of $17.8m, spending 89% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $11.0m to $20.1m (+83%), an average of +16% a year. The sharpest change came in the year to February 2021, when income rose by 35%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Health Care Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WV. Charities of a similar size with the same main cause include Ann Storck Center Inc ($20.1m), White River Area Agency on Aging Inc ($20.1m) and Hopelink Behavioral Health ($20.1m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 10% and program service revenue 87% of the total. Other salaries and wages came to $7.2m. At year end it held assets of $23.0m against liabilities of $3.6m, net assets of $19.4m. It reported 258 employees.