Valley Assisited Living Inc
Analysis
Valley Assisited Living Inc is a registered charity in United States, based in Silver Cliff, CO. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Assisited Living Inc reported income of $720k and spending of $706k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $581k to $720k (+24%), an average of +5.5% a year. Over the whole period it spent 100% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Valley Assisited Living Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include City with Dwellings Community First Initiative ($720k), Conivie Garden Courts Inc ($720k) and Cani S Center for Community & Economic Development ($720k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. Other salaries and wages came to $461k. At year end it held assets of $969k against liabilities of $591k, net assets of $379k. It reported 33 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.5%
- Program services 91%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| City with Dwellings Community First Initiative | Winston Salem | $720k |
| Conivie Garden Courts Inc | Little Rock | $720k |
| Cani S Center for Community & Economic Development | Fort Wayne | $720k |
| Bridgeview Manor Housing Corp | Bayonne | $720k |