Amigos Del Valle Inc
Analysis
Amigos Del Valle Inc is a registered charity in United States, based in Mission, TX. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Amigos Del Valle Inc reported income of $7.3m and spending of $6.8m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.4m to $7.3m (+36%), an average of +8.0% a year. The sharpest change came in the year to September 2020, when income rose by 36%. Over the whole period it spent 88% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Amigos Del Valle Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Restart Inc ($7.3m), Leap Inc ($7.3m) and PHS Chanhassen Inc ($7.3m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $140k (2.1% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $7.6m against liabilities of $3.4m, net assets of $4.2m. It reported 143 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 3.0%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Restart Inc | Kansas City | $7.3m |
| Leap Inc | Brooklyn | $7.3m |
| PHS Chanhassen Inc | Roseville | $7.3m |
| Homes for Families | Woodland HLS | $7.3m |