Valley Senior Services Inc

Analysis

Valley Senior Services Inc is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in August 2014, 12 years ago. 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 Senior Services Inc reported income of $273k and spending of $14k, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $273k (+317%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 312%. Over the whole period it spent 18% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Senior Services Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 54th percentile within ND. Charities of a similar size with the same main cause include College Park Nursery School Inc ($273k), American Society of Civil Engineers ($273k) and Bristol Hospice Foundation of California ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.2m against liabilities of $829, net assets of $1.2m.