Valley Village

Analysis

Valley Village is a registered charity in United States, based in Townshend, VT. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Valley Village reported income of $2.1m and spending of $2.2m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $2.1m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Valley Village sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within VT. Charities of a similar size with the same main cause include National Housing Conference Inc ($2.1m), Temenos Community Development Corpo Ration ($2.1m) and Las Torres ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $101k (4.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.4m against liabilities of $1.3m, net assets of $1.1m. It reported 62 employees.