Valhalla Veterans Services

Analysis

Valhalla Veterans Services is a registered charity in United States, based in Clarks Summit, PA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Valhalla Veterans Services reported income of $182k and spending of $146k, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $170k to $182k (+7.4%), an average of +3.6% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valhalla Veterans Services sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Guadalupe Plaza Development Corporation ($182k), Mission City Community Fund ($182k) and Coconut Grove Crisis Food Pantry Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $99k (68% of expenses). At year end it held assets of $70k against liabilities of $0, net assets of $70k. It reported 5 employees.