Spring Valley Manor Inc

Analysis

Spring Valley Manor Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Spring Valley Manor Inc reported income of $169k and spending of $223k, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $140k to $169k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Spring Valley Manor Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within AZ. Charities of a similar size with the same main cause include Share X Inc ($169k), Castle Shannon Presbyterian Supportive Housing Inc ($169k) and Bay Area Affordable Homeownership Alliance ($169k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $48k. At year end it held assets of $726k against liabilities of $37k, net assets of $689k.