Valley Guild

Analysis

Valley Guild is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Valley Guild reported income of $242k and spending of $303k, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $511k to $242k (-53%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valley Guild sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include American Friends of Yeshiva Zichron David ($241k), Dallas Alliance of Technology & Women ($242k) and Old Jail Museum and Heritage Center Inc ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% of the total. Other salaries and wages came to $121k. At year end it held assets of $364k against liabilities of $17k, net assets of $347k. It reported 4 employees.