826 Valencia

Analysis

826 Valencia is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, 826 Valencia reported income of $6.0m and spending of $5.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $6.0m (+2.0%), an average of +0.5% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 826 Valencia sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include News Literacy Project Inc ($6.0m), Emma S Clark Memorial Library Association ($6.0m) and Grace School of Theology ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $215k (3.6% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $15.2m against liabilities of $2.3m, net assets of $12.8m. It reported 72 employees.