Valley Interfaith Child Care Center Inc

Analysis

Valley Interfaith Child Care Center Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Valley Interfaith Child Care Center Inc reported income of $704k and spending of $624k, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $398k to $704k (+77%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Interfaith Child Care Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include St Paul Childrens Foundation Inc ($704k), Jerusalem Outreach Center Inc ($704k) and Dreampower Foundation Inc ($704k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $114k (18% of expenses). At year end it held assets of $586k against liabilities of $1,367, net assets of $585k. It reported 29 employees.