Valley Friendship Club

Analysis

Valley Friendship Club is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Valley Friendship Club reported income of $285k and spending of $253k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $198k to $285k (+44%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Valley Friendship Club sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Childrens Justice and Advocacy Center ($285k), Childrens Playhouse Inc ($285k) and Aitkin Quarterbacks Club ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $66k (26% of expenses). Other salaries and wages came to $85k. At year end it held assets of $315k against liabilities of $2,641, net assets of $312k. It reported 7 employees.