Valley Life Foundation Inc

Analysis

Valley Life Foundation Inc is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Life Foundation Inc reported income of $66k and spending of $53k, spending 81% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $130k to $66k (-49%), an average of -29% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Valley Life Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Midwest Electric Community Connection Fund Inc ($66k), Friends of the Teaneck Public Library ($66k) and Purple & Gray Foundation Inc ($66k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 12% of the total. At year end it held assets of $108k against liabilities of $858, net assets of $107k.