Heart of the Valley Services for Seniors Inc

Analysis

Heart of the Valley Services for Seniors Inc is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. 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 December 2023, Heart of the Valley Services for Seniors Inc reported income of $134k and spending of $124k, spending 93% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $140k to $134k (-3.8%), an average of -1.9% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heart of the Valley Services for Seniors Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Tryon Life Community Farm ($134k), King Solomon Christian Service Camp ($134k) and Ukiah Players Theatre ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 12% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.