Valley Christian Schools
Analysis
Valley Christian Schools is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Valley Christian Schools reported income of $20.7m and spending of $17.9m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $20.7m (+129%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Christian Schools sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Hackensack Meridian Health Inc ($20.7m), The Faison Center Inc ($20.7m) and The Council for Professional Recognition ($20.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $149k (0.8% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $65.8m against liabilities of $53.4m, net assets of $12.4m. It reported 238 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.8%
- Program services 79%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hackensack Meridian Health Inc | Iselin | $20.7m |
| The Faison Center Inc | Richmond | $20.7m |
| The Council for Professional Recognition | Washington | $20.7m |
| Goodwin College Magnet Schools Inc | East Hartford | $20.7m |