El Valor Corporation

Analysis

El Valor Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1975, 51 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 June 2023, El Valor Corporation reported income of $27.0m and spending of $26.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.8m to $27.0m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, El Valor Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Legal Aid Society of San Diego ($27.0m), United Neighborhood Health Services Inc ($27.1m) and Ohio Childrens Alliance ($27.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $322k (1.2% of expenses). Other salaries and wages came to $14.2m. At year end it held assets of $21.6m against liabilities of $8.0m, net assets of $13.6m. It reported 438 employees.