Valiant College Preparatory People Who Care WC Inc

Analysis

Valiant College Preparatory People Who Care WC Inc is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in December 2020, 6 years ago. 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 July 2024, Valiant College Preparatory People Who Care WC Inc reported income of $1.2m and spending of $1.8m, spending 145% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $219k to $1.2m (+461%), an average of +54% a year. The sharpest change came in the year to July 2021, when income rose by 879%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valiant College Preparatory People Who Care WC Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($1.2m), Histiocytosis Association Inc ($1.2m) and Connecticut Forum Inc ($1.2m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 9.8% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $465k (26% of expenses). Other salaries and wages came to $351k. It paid $35k in professional fundraising fees. At year end it held assets of $6.3m against liabilities of $4.0m, net assets of $2.2m. It reported 10 employees.