Valley Rock Ministry

Analysis

Valley Rock Ministry is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Valley Rock Ministry reported income of $63k and spending of $37k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $32k to $63k (+97%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 37% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Valley Rock Ministry 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 27th percentile within CA. Charities of a similar size with the same main cause include Lhundrup Choling Center ($63k), Valley Light Foundation ($63k) and Abigail Ministries Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.