Shenandoah Valley Community Residences Inc

Analysis

Shenandoah Valley Community Residences Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Shenandoah Valley Community Residences Inc reported income of $3.7m and spending of $3.5m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.3m to $3.7m (+63%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shenandoah Valley Community Residences Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Fulfillment Fund ($3.7m), South Shore Community Service Association ($3.7m) and Ahrc NYC New Projects Inc ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $163k (4.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.4m against liabilities of $198k, net assets of $3.2m. It reported 67 employees.