Valley Community Association Inc

Analysis

Valley Community Association Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Valley Community Association Inc reported income of $2.9m and spending of $3.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $2.9m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Community Association Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Catholic Social & Community Services ($2.9m), Pueblo Unido PDX ($2.9m) and Together We Cope ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $107k (3.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.4m against liabilities of $46k, net assets of $6.4m. It reported 116 employees.