Girls Inc of the Valley
Analysis
Girls Inc of the Valley is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Girls Inc of the Valley reported income of $2.4m and spending of $2.5m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.8m to $2.4m (+39%), an average of +6.8% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 78% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Girls Inc of the Valley 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 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Andrew S Roddick Foundation Inc ($2.4m), Chicago Survivors Inc ($2.4m) and Higher Ground Youth and Family Services Inc ($2.4m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $132k (5.3% of expenses). Other salaries and wages came to $1.1m. It paid $83k in professional fundraising fees. At year end it held assets of $6.8m against liabilities of $2.3m, net assets of $4.5m. It reported 42 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Andrew S Roddick Foundation Inc | Austin | $2.4m |
| Chicago Survivors Inc | Chicago | $2.4m |
| Higher Ground Youth and Family Services Inc | Anaheim | $2.4m |
| Harriman Summer Camp S-11 Inc | New Windsor | $2.5m |