Verde Valley School

Analysis

Verde Valley School is a registered charity in United States, based in Sedona, AZ. It received its IRS tax-exemption ruling in May 1949, 77 years ago. 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 2023, Verde Valley School reported income of $5.4m and spending of $5.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.2m to $5.4m (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Verde Valley School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Young Womens Christian Association of Binghamton and Broome County ($5.4m), North Carolina School of Science & Mathematics Foundation ($5.4m) and Selfhelp Community Services Foundation Inc ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $155k (3.1% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $4.1m against liabilities of $2.3m, net assets of $1.8m. It reported 60 employees.