Shenandoah Valley Scholars Latino Initiative

Analysis

Shenandoah Valley Scholars Latino Initiative is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in February 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 December 2023, Shenandoah Valley Scholars Latino Initiative reported income of $219k and spending of $301k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $255k to $219k (-14%), an average of -14% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shenandoah Valley Scholars Latino Initiative sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Day 7 Inc ($219k), Green Beetz Inc ($219k) and Hope3 Foundation ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $99k (33% of expenses). At year end it held assets of $297k against liabilities of $0, net assets of $297k. It reported 2 employees.