Valley Recovery Resources

Analysis

Valley Recovery Resources is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in August 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Valley Recovery Resources reported income of $2.8m and spending of $2.6m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $2.8m (+20%), an average of +6.2% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Valley Recovery Resources sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Allina Health Restorative Suites ($2.8m), Texas Campaign for the Environment Fund ($2.8m) and Community Living Opportunities Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $203k (7.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.9m against liabilities of $183k, net assets of $1.7m. It reported 39 employees.