The Valentine Project Inc

Analysis

The Valentine Project Inc is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, The Valentine Project Inc reported income of $65k and spending of $57k, spending 87% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $142k to $65k (-54%), an average of -32% a year. The sharpest change came in the year to December 2021, when income dropped by 46%. Over the whole period it spent 69% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Valentine Project Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 31st percentile within SC. Charities of a similar size with the same main cause include Cocoa Future Collaborative ($65k), American Friends of Kehillas Simchas Hatorah Inc ($65k) and Save a Life Foundation Inc ($65k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $23k. At year end it held assets of $366k against liabilities of $0, net assets of $366k.