Valley Prosperity Partnership

Analysis

Valley Prosperity Partnership is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Valley Prosperity Partnership reported income of $58k and spending of $69k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $58k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 168% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Valley Prosperity Partnership sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 15th percentile within ND. Charities of a similar size with the same main cause include Grant Wood Mississippi River Region Inc ($58k), BGCDL Title Holding Company ($58k) and Rockland Business Womens Network Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.