Walter Knox Memorial Hospital Dba Valor Health

Analysis

Walter Knox Memorial Hospital Dba Valor Health is a registered charity in United States, based in Emmett, ID. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover health care, 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 September 2021, Walter Knox Memorial Hospital Dba Valor Health reported income of $27.5m and spending of $22.3m, spending 81% of its income. Across the 3 years on record, from September 2019 to September 2021, income grew from $18.3m to $27.5m (+50%), an average of +22% a year. The sharpest change came in the year to September 2021, when income rose by 46%. 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, Walter Knox Memorial Hospital Dba Valor Health 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 99th percentile within ID. Charities of a similar size with the same main cause include Recovery Network of Programs Inc ($27.5m), Robert Wood Johnson Visiting Nurses Inc ($27.5m) and Best Choice Home Health Care Inc ($27.4m).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $331k (1.5% of expenses). Other salaries and wages came to $11.9m. At year end it held assets of $15.7m against liabilities of $4.1m, net assets of $11.6m. It reported 202 employees.