Val Skinner Foundation

Analysis

Val Skinner Foundation is a registered charity in United States, based in Bay Head, NJ. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover medical research, 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 September 2023, Val Skinner Foundation reported income of $357k and spending of $213k, leaving 40% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $482k to $357k (-26%), an average of -7.3% a year. The sharpest change came in the year to September 2021, when income rose by 155%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Val Skinner Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Bridge to Balance Inc ($357k), Interlude Retreat Corporation ($357k) and Association of Neurovascular Clinicians ($356k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $30k (14% of expenses). At year end it held assets of $527k against liabilities of $118k, net assets of $409k. It reported 1 employees.