Valley Citizens Foundation for Health Care Inc

Analysis

Valley Citizens Foundation for Health Care Inc is a registered charity in United States, based in Del Norte, CO. It received its IRS tax-exemption ruling in December 1995, 31 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 Citizens Foundation for Health Care Inc reported income of $32.7m and spending of $31.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.8m to $32.7m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Valley Citizens Foundation for Health Care Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Lane Community Health Council ($32.6m), Childrens Hospital Opthalmology Foundation Inc ($32.7m) and Texas Childrens Urgent Care ($32.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $353k (1.1% of expenses). Other salaries and wages came to $12.1m. At year end it held assets of $58.3m against liabilities of $24.2m, net assets of $34.1m. It reported 238 employees.