Mid-Valley Healthcare Inc

Analysis

Mid-Valley Healthcare Inc is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in July 1955, 71 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, Mid-Valley Healthcare Inc reported income of $189.9m and spending of $159.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $142.6m to $189.9m (+33%), an average of +7.4% a year. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mid-Valley Healthcare Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OR. Charities of a similar size with the same main cause include Valley Health System ($189.9m), Community Bridges Inc ($190.3m) and Roper Saint Francis Physicians Network ($189.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.1m (0.7% of expenses). Other salaries and wages came to $65.4m. At year end it held assets of $157.4m against liabilities of $14.3m, net assets of $143.1m. It reported 982 employees.