Valley Restart Shelter

Analysis

Valley Restart Shelter is a registered charity in United States, based in Hemet, CA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Valley Restart Shelter reported income of $1.5m and spending of $973k, leaving 36% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.5m (+31%), an average of +9.5% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Valley Restart Shelter sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Glen Rock Senior Citizen Housing Corporation John Hawes Jr ($1.5m), Capistrano Terrace Organization ($1.5m) and Push Ministry Incorporated ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (7.2% of expenses). Other salaries and wages came to $466k. At year end it held assets of $1.9m against liabilities of $2,111, net assets of $1.9m. It reported 21 employees.