Valley Sports Association Inc

Analysis

Valley Sports Association Inc is a registered charity in United States, based in Fishersville, VA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Sports Association Inc reported income of $70k and spending of $66k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $70k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Valley Sports Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Channahon Park Foundation NFP ($70k), Eastern Iowa Horse and Pony Camp ($70k) and SLSC Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 46% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.