Oconee Valley Healthcare Inc
Analysis
Oconee Valley Healthcare Inc is a registered charity in United States, based in Greensboro, GA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 February 2024, Oconee Valley Healthcare Inc reported income of $12.7m and spending of $11.7m, spending 92% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $9.4m to $12.7m (+35%), an average of +7.8% a year. The sharpest change came in the year to February 2022, when income rose by 17%. Over the whole period it spent 87% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oconee Valley Healthcare Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Cross-Over Ministry Inc ($12.7m), Quarry Hill ($12.7m) and Vine International Inc ($12.7m).
On its Form 990 for the period ending February 2024, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $766k (6.6% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $13.8m against liabilities of $6.9m, net assets of $6.9m. It reported 120 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 67%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cross-Over Ministry Inc | Richmond | $12.7m |
| Quarry Hill | Belfast | $12.7m |
| Vine International Inc | Knoxville | $12.7m |
| Mount Macrina Manor Nursing Home | Uniontown | $12.7m |