Verde Valley Sanctuary

Analysis

Verde Valley Sanctuary is a registered charity in United States, based in Sedona, AZ. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Verde Valley Sanctuary reported income of $2.7m and spending of $3.0m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.7m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Verde Valley Sanctuary sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Workshops Empowerment Inc ($2.7m), Denver Electrical Joint Apprenticeship and Training Commit ($2.7m) and Colorado Fund for People with Disabilities Incorporated ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $103k (3.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $6.0m against liabilities of $1.0m, net assets of $5.0m. It reported 47 employees.