Val Verde Hospital Corporation
801 N Bedell Ave, Del Rio, TX · IRS data through FY2022
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2022 | $78,467,797 | $82,150,138 | $32,318,571 |
| FY2021 | $67,354,534 | $71,474,533 | $36,000,912 |
| FY2020 | $84,129,348 | $68,520,941 | $40,120,911 |
| FY2019 | $83,273,369 | $74,324,546 | $24,512,504 |
| FY2018 | $86,411,096 | $84,672,892 | $47,868,448 |
| FY2017 | $76,500,694 | $75,005,694 | $26,831,849 |
| FY2016 | $79,325,361 | $73,315,934 | $39,842,847 |
| FY2015 | $68,745,179 | $70,127,356 | $33,578,097 |
| FY2014 | $68,823,916 | $65,073,711 | $36,527,859 |
| FY2013 | $66,392,557 | $60,479,851 | $29,931,640 |
| FY2012 | $60,486,976 | $54,833,029 | $24,018,934 |
| FY2011 | $54,648,386 | $51,917,006 | $18,364,987 |
Form 990 filings
The returns filed by Val Verde Hospital Corporation (EIN 74-2941598), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $5,697,945 | 7% |
| Program service revenue | $72,158,337 | 92% |
| Investment income | $34,989 | <1% |
| Other revenue | $576,526 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $72,044,817 | 88% |
| Management & general | $10,105,321 | 12% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 92% of total revenue in FY2022.
- Program services accounted for 88% of functional expenses, management & general 12%, and fundraising 0%.
- 88% of functional expenses went to program services in FY2022. That is higher than 61.3% of 238 Health Care organizations in TX.
- Net assets covered about 4.7 months of expenses at the end of the reporting year. That puts it in the 28th percentile among 1123 Health Care organizations in TX.
- Total revenue was higher than 90.7% of 1178 Health Care organizations in TX.
- Total revenue rose from $54,648,386 in FY2011 to $78,467,797 in FY2022. Revenue increased in 7 and decreased in 4 of 11 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 12 reported years (FY2015, FY2021, FY2022).
- The highest revenue on record here is $86,411,096 in FY2018.
- Net assets grew from $18,364,987 to $32,318,571 between FY2011 and FY2022.
- Contributions and grants made up 0% of revenue in FY2011 and 7% in FY2022.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
WE LIVE TO DELIVER HEALTHCARE OUR COMMUNITY CAN TRUST.
IRS status
| Ruling year | 2000 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E22 — Health Care (in TX) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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