Valley Adult Day Services Inc

Analysis

Valley Adult Day Services Inc is a registered charity in United States, based in Porterville, CA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Valley Adult Day Services Inc reported income of $319k and spending of $259k, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $313k to $319k (+1.7%), an average of +0.6% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Adult Day Services Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Lend a Hand of Boulder City ($319k), St Francois County Agricultural and Mechanical Society ($319k) and Carolina Climbers Coalition ($319k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $67k (26% of expenses). Other salaries and wages came to $68k. At year end it held assets of $207k against liabilities of $34k, net assets of $173k. It reported 5 employees.