Clearwater Valley Hospital & Clinics Inc

Analysis

Clearwater Valley Hospital & Clinics Inc is a registered charity in United States, based in Orofino, ID. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover medical research, 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 December 2023, Clearwater Valley Hospital & Clinics Inc reported income of $26.0m and spending of $23.8m, spending 91% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $22.6m to $26.0m (+15%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clearwater Valley Hospital & Clinics Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within ID. Charities of a similar size with the same main cause include Austen Riggs Center Inc ($26.0m), Clinica MSR Oscar a Romero ($26.0m) and Rocking Horse Childrens Health Center ($26.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $636k (2.7% of expenses). Other salaries and wages came to $13.2m. At year end it held assets of $18.9m against liabilities of $3.5m, net assets of $15.5m. It reported 251 employees.