Vale Fourth Inc

Analysis

Vale Fourth Inc is a registered charity in United States, based in Vale, OR. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Vale Fourth Inc reported income of $129k and spending of $114k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $129k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vale Fourth Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OR. Charities of a similar size with the same main cause include Greater New Martinsville Development Corporation ($129k), Junior Service League of Hendersonville ($129k) and Junior League of McAllen Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.