Valley Health Foundation VHF

Analysis

Valley Health Foundation VHF is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 1988, 38 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 December 2023, Valley Health Foundation VHF reported income of $20.6m and spending of $17.8m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $20.6m (+351%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 466%. Over the whole period it spent 88% 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 Foundation VHF sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include United Disabilities Services ($20.6m), Emergycare Inc ($20.6m) and National Nurse-Led Care Consortium ($20.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $724k (4.1% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $25.5m against liabilities of $7.2m, net assets of $18.3m. It reported 26 employees.