Valor Collegiate Academies

Analysis

Valor Collegiate Academies is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2014, 12 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 2023, Valor Collegiate Academies reported income of $35.2m and spending of $33.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.1m to $35.2m (+84%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valor Collegiate Academies sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Odyssey Preparatory Academy Inc ($35.2m), East Harlem Scholars Academy ($35.3m) and North Central University ($35.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $432k (1.3% of expenses). Other salaries and wages came to $17.3m. At year end it held assets of $53.4m against liabilities of $33.7m, net assets of $19.7m. It reported 303 employees.