Valor Christian Academy
Analysis
Valor Christian Academy is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in March 2013, 13 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, Valor Christian Academy reported income of $3.7m and spending of $3.4m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.8m to $3.7m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Valor Christian Academy sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Wallingford Public Library Assoc ($3.7m), St Bernards Catholic Schools ($3.7m) and Council for Higher Education Accreditation ($3.7m).
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 $88k (2.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.7m against liabilities of $195k, net assets of $1.5m. It reported 60 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wallingford Public Library Assoc | Wallingford | $3.7m |
| St Bernards Catholic Schools | Eureka | $3.7m |
| Council for Higher Education Accreditation | Washington | $3.7m |
| Roanoke-Blacksburg Innovation Network | Blacksburg | $3.7m |