Valhalla Elementary School Parent Faculty Association

Analysis

Valhalla Elementary School Parent Faculty Association is a registered charity in United States, based in Pleasant Hill, CA. It received its IRS tax-exemption ruling in February 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Valhalla Elementary School Parent Faculty Association reported income of $227k and spending of $162k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $148k to $227k (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 422%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valhalla Elementary School Parent Faculty Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include US Center for the Education and Development of Elite Athletes Inc ($227k), Science Academy Fundraising Initiative ($227k) and We Care Tucson ($227k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. It paid $37k in professional fundraising fees. At year end it held assets of $410k against liabilities of $0, net assets of $410k.