Powell Valley Health Care Inc

Analysis

Powell Valley Health Care Inc is a registered charity in United States, based in Powell, WY. It received its IRS tax-exemption ruling in September 1993, 33 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 June 2023, Powell Valley Health Care Inc reported income of $79.7m and spending of $77.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $48.7m to $79.7m (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Powell Valley Health Care Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within WY. Charities of a similar size with the same main cause include Cooperative Healthcare Services Inc ($79.7m), South Texas Blood & Tissue Center ($79.8m) and Chvi Professional Corporation ($79.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.6m (2.1% of expenses). Other salaries and wages came to $29.2m. At year end it held assets of $35.3m against liabilities of $8.0m, net assets of $27.3m. It reported 566 employees.