Valley Foundation Inc

Analysis

Valley Foundation Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Valley Foundation Inc reported income of $323k and spending of $334k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $325k to $323k (-0.5%), an average of -0.5% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Valley Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include Community Assisted Tenant Controlled Housing Inc ($323k), Magic City Figure Skating Club ($323k) and Junior Hawks ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. At year end it held assets of $254k against liabilities of $288k, net assets of -$34k.