Valley View Hospital Association

Analysis

Valley View Hospital Association is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in April 1971, 55 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 December 2023, Valley View Hospital Association reported income of $345.5m and spending of $317.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261.2m to $345.5m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 16%. 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, Valley View Hospital Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Mennonite General Hospital Inc ($344.6m), Capital Area Behavioral Health Collaborative Inc ($345.6m) and Touro Infirmary ($342.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $4.2m (1.3% of expenses). Other salaries and wages came to $121.2m. At year end it held assets of $625.0m against liabilities of $177.9m, net assets of $447.1m. It reported 1,642 employees.