Valley Hope Counseling Center Incorporated

Analysis

Valley Hope Counseling Center Incorporated is a registered charity in United States, based in Waynesboro, VA. It received its IRS tax-exemption ruling in November 1999, 27 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 December 2023, Valley Hope Counseling Center Incorporated reported income of $283k and spending of $272k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $222k to $283k (+27%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Hope Counseling Center Incorporated sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Families Helping Families ($283k), Fostering Hope Inc ($283k) and Hope Orphan Home Foundation NFP ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $74k (27% of expenses). Other salaries and wages came to $153k. At year end it held assets of $83k against liabilities of $0, net assets of $83k. It reported 6 employees.