The Valley of Change

Analysis

The Valley of Change is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Valley of Change reported income of $89k and spending of $135k, spending 152% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $89k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Valley of Change sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Anchorage Home Builders Care Endowment Inc ($89k), Deyarmin Foundation ($89k) and Reborn Family Center Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.