Pagosa Valor Academy

Analysis

Pagosa Valor Academy is a registered charity in United States, based in Pagosa SPGS, CO. It received its IRS tax-exemption ruling in January 2016, 10 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 2024, Pagosa Valor Academy reported income of $551k and spending of $561k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $204k to $551k (+171%), an average of +65% a year. The sharpest change came in the year to June 2024, when income rose by 78%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pagosa Valor Academy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Missoula Public Library Foundation Inc ($551k), Hollywood Educational and Literacy Project Miami Inc ($551k) and Friends of Ben Franklin Charter High School ($551k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $24k (4.3% of expenses). Other salaries and wages came to $379k. At year end it held assets of $40k against liabilities of $13k, net assets of $26k. It reported 28 employees.