Sun Valley Culinary Institute

Analysis

Sun Valley Culinary Institute is a registered charity in United States, based in Sun Valley, ID. It received its IRS tax-exemption ruling in November 2019, 7 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 December 2023, Sun Valley Culinary Institute reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $421k to $1.2m (+179%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 71%. 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, Sun Valley Culinary Institute sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within ID. Charities of a similar size with the same main cause include Primary Years Inc ($1.2m), The Lower Lab School Parent Teachers Association Inc ($1.2m) and Indiana Afterschool Network ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $110k (8.7% of expenses). Other salaries and wages came to $391k. At year end it held assets of $367k against liabilities of $235k, net assets of $131k. It reported 7 employees.