Valley Alano Club Inc

Analysis

Valley Alano Club Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 1974, 52 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Valley Alano Club Inc reported income of $74k and spending of $81k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $74k (+5.2%), an average of +5.2% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Alano Club Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within AZ. Charities of a similar size with the same main cause include Volunteers of America Inc ($74k), University of Cincinnati Rowing Alumni and Friends Inc ($74k) and Iron County Museum Endowment Fund Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.