Valley Verde

Analysis

Valley Verde is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Valley Verde reported income of $765k and spending of $548k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $765k (+70%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Verde sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Albuquerque Sane Collaborative ($765k), Butler Extended Day Program ($765k) and Poor Handmaids of Jesus Christ Foundation ($765k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $100k (18% of expenses). Other salaries and wages came to $288k. At year end it held assets of $821k against liabilities of $69, net assets of $821k. It reported 14 employees.