Valley Classical School Inc

Analysis

Valley Classical School Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Valley Classical School Inc reported income of $460k and spending of $425k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $159k to $460k (+190%), an average of +30% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Classical School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Core-Mark Families Foundation ($460k), Coalition for Career Development Center ($460k) and Fayetteville Creative Schools Inc ($460k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $64k (15% of expenses). Other salaries and wages came to $272k. At year end it held assets of $306k against liabilities of $200k, net assets of $106k. It reported 30 employees.