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Valley Light Foundation

RegisteredEIN 82-1961147Winchester, VAReligion
Income$63k2023-12
Spending$68ksame year
Spent / received103%2-year average
Size in its cause28th pctReligion
Exempt since2018Publicly supported organisat
Employees–latest return

Analysis

Valley Light Foundation is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Light Foundation reported income of $63k and spending of $68k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $63k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Valley Light Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include Valley Rock Ministry ($63k), Two Cities Ministries Inc ($63k) and Lhundrup Choling Center ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. At year end it held assets of $4,097 against liabilities of $0, net assets of $4,097.

Income and spending

$0$17k$34k$51k$68k2022 Income: $52,6642022 Spending: $50,54120222023 Income: $63,0202023 Spending: $68,4732023
IncomeSpending

Where the income comes from

  • Contributions & grants 34%
  • Program services 65%
  • Other 1.2%

Similar-sized charities, same cause

CharityLocationIncome
Valley Rock MinistrySherman Oaks$63k
Two Cities Ministries IncAustin$63k
Lhundrup Choling CenterLos Angeles$63k
Missionary Resource Network IncCoral Springs$63k