Valley Housing Inc

Analysis

Valley Housing Inc is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in May 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Valley Housing Inc reported income of $140k and spending of $180k, spending 128% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $141k to $140k (-0.8%), an average of -0.8% a year. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Housing Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within AR. Charities of a similar size with the same main cause include Sons of Confederate Veterans Inc ($140k), PTA Florida Congress ($140k) and Santa Barbara-South Coast Youth Football League Inc ($140k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $195k against liabilities of $845k, net assets of -$650k.