Friends of Val Verde Health and Wellness Inc

Analysis

Friends of Val Verde Health and Wellness Inc is a registered charity in United States, based in Del Rio, TX. It received its IRS tax-exemption ruling in April 1997, 29 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 September 2023, Friends of Val Verde Health and Wellness Inc reported income of $147k and spending of $162k, spending 111% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $141k to $147k (+3.9%), an average of +3.9% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Val Verde Health and Wellness Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Steven Vanover Memorial Research & Scholarship Fund ($146k), Villa Majella of Santa Barbara Inc ($147k) and Cancer Kids of San Joaquin County Inc ($146k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 2.1% of the total. At year end it held assets of $279k against liabilities of $0, net assets of $279k.