Valley Mission Inc
Analysis
Valley Mission Inc is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in August 1980, 46 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Mission Inc reported income of $2.5m and spending of $2.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.5m (+83%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 72% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Valley Mission Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Providence Community Housing ($2.5m), Youth and Family Services of North Central Oklahoma Inc ($2.5m) and Lydias House Inc ($2.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $86k (4.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.0m against liabilities of $8,297, net assets of $5.0m. It reported 85 employees.
Income and spending
Where the income comes from
- Contributions & grants 46%
- Program services 49%
- Other 4.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Providence Community Housing | New Orleans | $2.5m |
| Youth and Family Services of North Central Oklahoma Inc | Enid | $2.5m |
| Lydias House Inc | Saint Louis | $2.5m |
| Kelly Youth Services Inc | Cincinnati | $2.5m |