Valleys Planning Council Inc

Analysis

Valleys Planning Council Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in August 1968, 58 years ago. 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, Valleys Planning Council Inc reported income of $509k and spending of $411k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $357k to $509k (+42%), an average of +9.3% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valleys Planning Council Inc 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 70th percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Childrens House Montessori School Inc ($509k), Safe Space Inc ($509k) and Remnant Radio ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 124% of the total. Compensation of current officers, directors and key employees was $94k (23% of expenses). Other salaries and wages came to $133k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 4 employees.