Spring Valley Education Foundation
Analysis
Spring Valley Education Foundation is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Spring Valley Education Foundation reported income of $82k and spending of $95k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $116k to $82k (-29%), an average of -11% a year. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Valley Education Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 38th percentile within SC. Charities of a similar size with the same main cause include Reading Rotary Charitable TR ($82k), Westland Band Boosters Inc ($82k) and San Francisco Travel Foundation ($82k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $28k (30% of expenses). At year end it held assets of $511k against liabilities of $501, net assets of $511k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 41%
- Other 59%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reading Rotary Charitable TR | Reading | $82k |
| Westland Band Boosters Inc | Galloway | $82k |
| San Francisco Travel Foundation | San Francisco | $82k |
| Mayor Daniel J Reimans Childrens Charity Trust Fund | Carteret | $82k |