Deer Valley Education Foundation

Analysis

Deer Valley Education Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 1988, 38 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, Deer Valley Education Foundation reported income of $182k and spending of $185k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $169k to $182k (+7.9%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Deer Valley Education Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within AZ. Charities of a similar size with the same main cause include Pass the Torch Ministries ($182k), Larry Cooke Ministries Inc ($182k) and Providence Nursery School ($182k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $79k (42% of expenses). It paid $3,285 in professional fundraising fees. At year end it held assets of $505k against liabilities of $80k, net assets of $425k.