The Valley Foundation

Analysis

The Valley Foundation is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in January 1976, 50 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 September 2023, The Valley Foundation reported income of $14.8m and spending of $12.6m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.7m to $14.8m (+53%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Valley Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Palm Beach School for Autism Inc ($14.8m), Beekman Alumni and Friends Inc ($14.8m) and Wyoming Child & Family Developement Inc ($14.8m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.3m (11% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $19.4m against liabilities of $1.7m, net assets of $17.7m. It reported 36 employees.