Moab Valley Healthcare Inc

Analysis

Moab Valley Healthcare Inc is a registered charity in United States, based in Moab, UT. It received its IRS tax-exemption ruling in March 1997, 29 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, Moab Valley Healthcare Inc reported income of $52.4m and spending of $51.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.2m to $52.4m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 23%. 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, Moab Valley Healthcare Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within UT. Charities of a similar size with the same main cause include New England Deaconess Association ($52.4m), Family Health Center of Marshfield Inc ($52.4m) and Colorado Health Benefit Exchange ($52.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $924k (1.8% of expenses). Other salaries and wages came to $22.2m. At year end it held assets of $92.8m against liabilities of $47.8m, net assets of $45.0m. It reported 350 employees.