Valley Senior Living Foundation

Analysis

Valley Senior Living Foundation is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Valley Senior Living Foundation reported income of $723k and spending of $400k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $439k to $723k (+65%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Valley Senior Living Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within ND. Charities of a similar size with the same main cause include Alcoholic Home Inc ($723k), Walksacramento ($723k) and Berkshire Area Health Education Center Inc ($723k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $139k (35% of expenses). Other salaries and wages came to $54k. At year end it held assets of $4.4m against liabilities of $83k, net assets of $4.3m.