Valley Onward

Analysis

Valley Onward is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in February 2022, 4 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, Valley Onward reported income of $2.0m and spending of $735k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $776k to $2.0m (+153%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Onward sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Oasis Womens Center ($2.0m), Embracing Destiny Foundation ($2.0m) and First Years Childrens Center ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $98k (13% of expenses). Other salaries and wages came to $144k. At year end it held assets of $2.3m against liabilities of $57k, net assets of $2.2m. It reported 4 employees.