Valiente College Preparatory

Analysis

Valiente College Preparatory is a registered charity in United States, based in South Gate, CA. It received its IRS tax-exemption ruling in May 2015, 11 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, Valiente College Preparatory reported income of $3.0m and spending of $2.4m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.0m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valiente College Preparatory sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include New Covenant Academy ($3.0m), The Metropolitan Community College Foundation ($3.0m) and Kemmerer Village Foundation Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $135k (5.5% of expenses). Other salaries and wages came to $805k. At year end it held assets of $3.6m against liabilities of $1.3m, net assets of $2.3m. It reported 38 employees.