Valley Life Charter Schools

Analysis

Valley Life Charter Schools is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Valley Life Charter Schools reported income of $10.0m and spending of $10.8m, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $7.2m to $10.0m (+39%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Life Charter Schools sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Kalamazoo Christian School Association ($10.0m), The Newman School ($10.1m) and Southwestern Christian College ($10.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $155k (1.4% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $3.2m against liabilities of $511k, net assets of $2.7m. It reported 191 employees.