Our Valley Cares Foundation

Analysis

Our Valley Cares Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Our Valley Cares Foundation reported income of $890k and spending of $31, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income fell from $2.4m to $890k (-63%), an average of -22% a year. The sharpest change came in the year to June 2023, when income rose by 263%. Over the whole period it spent 61% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Our Valley Cares Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Volunteer Center South Bay Harbor Long Beach ($889k), Maui Farm Inc ($890k) and The Jewish Community Foundation of El Paso ($889k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 11% of the total. At year end it held assets of $4.7m against liabilities of $2.9m, net assets of $1.8m.