Clinica de Salud Del Valle de Salinas

Analysis

Clinica de Salud Del Valle de Salinas is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in May 1980, 46 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clinica de Salud Del Valle de Salinas reported income of $53.7m and spending of $46.9m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $43.3m to $53.7m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2023, when income rose by 16%. 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, Clinica de Salud Del Valle de Salinas 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 North Mississippi Primary Health Care Inc ($53.6m), Somc Medical Care Foundation Inc ($53.7m) and Community Health Association ($53.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $1.6m (3.5% of expenses). Other salaries and wages came to $23.4m. At year end it held assets of $72.4m against liabilities of $18.7m, net assets of $53.8m. It reported 426 employees.