Value Added Inc

Analysis

Value Added Inc is a registered charity in United States, based in John Day, OR. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2022, Value Added Inc reported income of $695k and spending of $626k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $705k to $695k (-1.4%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Value Added Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Springfield Electrical Jatc TR ($695k), Modesto a Gomez Inc ($695k) and Precision Institute ($695k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $42k (6.8% of expenses). Other salaries and wages came to $332k. At year end it held assets of $651k against liabilities of $95k, net assets of $556k. It reported 27 employees.