Valley Childrens Hospital

Analysis

Valley Childrens Hospital is a registered charity in United States, based in Madera, CA. It received its IRS tax-exemption ruling in November 1954, 72 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 September 2023, Valley Childrens Hospital reported income of $821.6m and spending of $775.8m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $771.2m to $821.6m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to September 2022, when income rose by 46%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Valley Childrens Hospital sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Arkansas Childrens Hospital ($818.2m), Cabell Huntington Hospital Inc ($821.6m) and Pennsylvania Hospital of the Univ of Pennsylvania Health System ($816.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $16.3m (2.1% of expenses). Other salaries and wages came to $269.0m. At year end it held assets of $2.14bn against liabilities of $370.2m, net assets of $1.77bn. It reported 3,957 employees.