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Valley Leadership Academy Inc

RegisteredEIN 84-1826352Huntsville, ALEducation and training
Income$784k2024-06
Spending$783ksame year
Spent / received95%3-year average
Size in its cause73rd pctEducation and training
Exempt since2020School
Employees20latest return

Analysis

Valley Leadership Academy Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in January 2020, 6 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 Leadership Academy Inc reported income of $784k and spending of $783k, spending 100% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $512k to $784k (+53%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Leadership Academy Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within AL. Charities of a similar size with the same main cause include Cazenovia Childrens House Inc ($784k), Guatemala Relief and Compassion Effort ($784k) and Kentucky Association of School Business Officials Inc ($784k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $474k. At year end it held assets of $101k against liabilities of $120k, net assets of -$19k. It reported 20 employees.

Income and spending

$0$196k$392k$588k$784k2022 Income: $511,5102022 Spending: $506,56220222023 Income: $748,8772023 Spending: $644,91420232024 Income: $784,2342024 Spending: $783,1092024
IncomeSpending

Where the income comes from

  • Contributions & grants 0.6%
  • Program services 99%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Cazenovia Childrens House IncCazenovia$784k
Guatemala Relief and Compassion EffortGrand Bay$784k
Kentucky Association of School Business Officials IncElizabethtown$784k
University of Alabama Donor Advised FundTuscaloosa$785k