Federal Valley Resource Center

Analysis

Federal Valley Resource Center is a registered charity in United States, based in Stewart, OH. It received its IRS tax-exemption ruling in July 2003, 23 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 2024, Federal Valley Resource Center reported income of $635k and spending of $669k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $175k to $635k (+262%), an average of +262% a year. The sharpest change came in the year to June 2024, when income rose by 262%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Federal Valley Resource Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Harlem Business Alliance Inc ($635k), Partnership for the Public Good ($636k) and Knox Street Improvement District Corporation ($635k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.2% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.