Valleylife Foundation

Analysis

Valleylife Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Valleylife Foundation reported income of $50k and spending of $177k, spending 352% of what it took in. Across the 6 years on record, from June 2019 to September 2023, income fell from $240k to $50k (-79%), an average of -27% a year. The sharpest change came in the year to September 2020, when income rose by 452%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valleylife Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within AZ. Charities of a similar size with the same main cause include Pecatonica Preschool Parents Inc ($50k), Alamo Center Ent Inc ($50k) and Kedushas Pinchas ($50k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 27% and program service revenue 87% of the total. Other salaries and wages came to $82k. At year end it held assets of $2.9m against liabilities of $366k, net assets of $2.5m.