Valley Beit Midrash
Analysis
Valley Beit Midrash is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Valley Beit Midrash reported income of $1.2m and spending of $854k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $685k to $1.2m (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 75% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Beit Midrash sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Ann Richards School Foundation ($1.2m), Alliance for Education Foundation Inc ($1.2m) and LA Escuelita Arcoiris ($1.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $232k (27% of expenses). Other salaries and wages came to $162k. At year end it held assets of $1.9m against liabilities of $13k, net assets of $1.8m. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 1.8%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ann Richards School Foundation | Austin | $1.2m |
| Alliance for Education Foundation Inc | Philadelphia | $1.2m |
| LA Escuelita Arcoiris | Pittsburgh | $1.2m |
| Westview Foundation | San Diego | $1.2m |