Valhalla Tahoe

Analysis

Valhalla Tahoe is a registered charity in United States, based in South Lake Tahoe, CA. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Valhalla Tahoe reported income of $889k and spending of $767k, spending 86% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $251k to $889k (+254%), an average of +52% a year. The sharpest change came in the year to September 2021, when income rose by 78%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valhalla Tahoe sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Marthas Vineyard Community Television Inc ($888k), 418 Project ($889k) and Bloomsburg Theatre Ensemble ($888k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $112k (15% of expenses). Other salaries and wages came to $111k. At year end it held assets of $832k against liabilities of $423k, net assets of $409k. It reported 19 employees.