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Spring Valley School Foundation

RegisteredEIN 63-1253000Birmingham, ALEducation and training
Income$3.4m2023-06
Spending$3.8msame year
Spent / received96%5-year average
Size in its cause86th pctEducation and training
Exempt since2001School
Employees66latest return

Analysis

Spring Valley School Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Spring Valley School Foundation reported income of $3.4m and spending of $3.8m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.4m (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Valley School Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within AL. Charities of a similar size with the same main cause include Ielts Inc ($3.4m), Northwestern Regional Library ($3.4m) and Bridge Academy Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $2.8m against liabilities of $1.7m, net assets of $1.1m. It reported 66 employees.

Income and spending

$0$947k$1.9m$2.8m$3.8m2019 Income: $2,249,4282019 Spending: $2,036,99020192020 Income: $2,499,4532020 Spending: $2,484,01720202021 Income: $3,135,3282021 Spending: $2,804,49920212022 Income: $3,659,4042022 Spending: $3,305,06020222023 Income: $3,443,6882023 Spending: $3,789,8522023
IncomeSpending

Where the income comes from

  • Contributions & grants 25%
  • Program services 74%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Ielts IncWashington$3.4m
Northwestern Regional LibraryElkin$3.4m
Bridge Academy IncLawrenceville$3.4m
Faith Academy of Marble FallsMarble Falls$3.4m