Spring Valley School Foundation
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
Where the income comes from
- Contributions & grants 25%
- Program services 74%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ielts Inc | Washington | $3.4m |
| Northwestern Regional Library | Elkin | $3.4m |
| Bridge Academy Inc | Lawrenceville | $3.4m |
| Faith Academy of Marble Falls | Marble Falls | $3.4m |