Valley View Home

Analysis

Valley View Home is a registered charity in United States, based in Glasgow, MT. It received its IRS tax-exemption ruling in November 1961, 65 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, Valley View Home reported income of $5.9m and spending of $7.2m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $5.9m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley View Home sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MT. Charities of a similar size with the same main cause include The Bradley Home ($5.9m), Pactt Learning Center ($5.9m) and Arrowmont School of Arts and Crafts ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $126k (1.8% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $4.8m against liabilities of $1.4m, net assets of $3.3m. It reported 102 employees.