Valor Rva Inc

Analysis

Valor Rva Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Valor Rva Inc reported income of $163k and spending of $147k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $163k (+128%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valor Rva Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Windy City Performing Arts Inc ($163k), Palos Verdes Intermediate School Booster Club ($163k) and Heroes Homestead ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $23k (16% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 1 employees.