Valley Leadership Corporation
Analysis
Valley Leadership Corporation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 1980, 46 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Valley Leadership Corporation reported income of $1.9m and spending of $970k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.9m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income rose by 189%. Over the whole period it spent 90% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Leadership Corporation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Great Shape Inc ($1.9m), Western North Carolina Lions Inc ($1.9m) and Covenant College Foundation Inc ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $179k (18% of expenses). Other salaries and wages came to $232k. At year end it held assets of $1.3m against liabilities of $89k, net assets of $1.3m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 2.9%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Great Shape Inc | Modesto | $1.9m |
| Western North Carolina Lions Inc | Black MTN | $1.9m |
| Covenant College Foundation Inc | Lookout MTN | $1.9m |
| Charles Sherrod Community Development Corporation | Albany | $1.9m |