Yampa Valley Medical Center

Analysis

Yampa Valley Medical Center is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in January 1953, 73 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, Yampa Valley Medical Center reported income of $136.4m and spending of $132.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $107.6m to $136.4m (+27%), an average of +6.1% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Yampa Valley Medical Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Western New York Medical Practice PC ($136.3m), Care Design New York LLC ($136.5m) and Alliance Physicians Inc ($136.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.4m (1.1% of expenses). Other salaries and wages came to $46.2m. At year end it held assets of $174.7m against liabilities of $20.8m, net assets of $153.9m. It reported 754 employees.