Straight Street Roanoke Valley Inc

Analysis

Straight Street Roanoke Valley Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Straight Street Roanoke Valley Inc reported income of $1.1m and spending of $1.5m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $786k to $1.1m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Straight Street Roanoke Valley Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include The Ohio State University ($1.1m), Girls for a Change ($1.1m) and The Blueprint Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $61k (4.2% of expenses). Other salaries and wages came to $782k. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m. It reported 36 employees.