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Valor Education Foundation

RegisteredEIN 81-1122012Austin, TXEducation and training
Income$2.8m2023-06
Spending$2.8msame year
Spent / received97%3-year average
Size in its cause85th pctEducation and training
Exempt since2016Publicly supported organisat
Employees0latest return

Analysis

Valor Education Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Valor Education Foundation reported income of $2.8m and spending of $2.8m, spending 102% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $200k to $2.8m (+1294%), an average of +273% a year. The sharpest change came in the year to June 2023, when income rose by 86950%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valor Education Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Oak Grove Classical Academy Inc ($2.8m), Oak Knoll Montessori School ($2.8m) and Kent School Services Network ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $306k against liabilities of $208k, net assets of $98k.

Income and spending

$0$712k$1.4m$2.1m$2.8m2021 Income: $200,3362021 Spending: $6,09520212022 Income: $3,2082022 Spending: $44,14220222023 Income: $2,792,5522023 Spending: $2,847,8502023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Program services 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Oak Grove Classical Academy IncAlbuquerque$2.8m
Oak Knoll Montessori SchoolPasadena$2.8m
Kent School Services NetworkGrand Rapids$2.8m
Yeshiva Gedola Naos Yaakov IncLakewood$2.8m