Platte Valley Healthcare Project

Analysis

Platte Valley Healthcare Project is a registered charity in United States, based in Saratoga, WY. It received its IRS tax-exemption ruling in January 2020, 6 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 2022, Platte Valley Healthcare Project reported income of $5.3m and spending of $3.4m, leaving 36% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income grew from $4.6m to $5.3m (+15%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 508%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Platte Valley Healthcare Project sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 96th percentile within WY. Charities of a similar size with the same main cause include Extracorporeal Life Support Organization ($5.3m), Aghaby Comprehensive Community Health Center ($5.3m) and Musc Health ($5.3m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 41% and program service revenue 47% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $17.5m against liabilities of $12.6m, net assets of $5.0m. It reported 72 employees.