Valley Health Team Inc

Analysis

Valley Health Team Inc is a registered charity in United States, based in San Joaquin, CA. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Valley Health Team Inc reported income of $54.9m and spending of $46.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.5m to $54.9m (+74%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 30%. 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, Valley Health Team 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 CA. Charities of a similar size with the same main cause include Siskin Hospital for Physical Rehabilitation ($54.8m), Soldiers & Sailors Memorial ($54.9m) and Fidelity Health Care Inc ($54.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $4.5m (9.7% of expenses). Other salaries and wages came to $23.3m. At year end it held assets of $78.9m against liabilities of $33.7m, net assets of $45.2m. It reported 373 employees.