Valley Special Needs Programs Inc
Analysis
Valley Special Needs Programs Inc is a registered charity in United States, based in Mt Pleasant, PA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Valley Special Needs Programs Inc reported income of $29.5m and spending of $29.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.6m to $29.5m (+31%), an average of +6.9% a year. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Special Needs Programs Inc 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 97th percentile within PA. Charities of a similar size with the same main cause include Eliseo ($29.5m), Friendship Retirement Corporation ($29.6m) and Human Coalition ($29.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $1.2m (4.0% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $11.5m against liabilities of $5.6m, net assets of $6.0m. It reported 609 employees.
Income and spending
Where the income comes from
- Contributions & grants 27%
- Program services 72%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Eliseo | Tacoma | $29.5m |
| Friendship Retirement Corporation | Glendale | $29.6m |
| Human Coalition | Plano | $29.5m |
| National Childrens Center Inc | Silver Spring | $29.6m |