Valley Forge Educational Services

Analysis

Valley Forge Educational Services is a registered charity in United States, based in Malvern, PA. It received its IRS tax-exemption ruling in September 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Valley Forge Educational Services reported income of $21.3m and spending of $20.6m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $19.0m to $21.3m (+12%), an average of +3.8% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Forge Educational Services sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include New School for Child Development a Non-Profit Corp ($21.3m), Thrive Scholars ($21.3m) and Donna Klein Jewish Academy Inc ($21.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $523k (2.5% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $35.8m against liabilities of $4.7m, net assets of $31.1m. It reported 339 employees.