South Valley Training Company

Analysis

South Valley Training Company is a registered charity in United States, based in Sandy, UT. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover employment, 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, South Valley Training Company reported income of $1.8m and spending of $1.5m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.8m (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Valley Training Company sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within UT. Charities of a similar size with the same main cause include Clutch City Foundation ($1.8m), Child Therapy Institute of Marin ($1.8m) and Greater Cleveland Pipefitting Industry Training Fund ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $90k (5.8% of expenses). Other salaries and wages came to $885k. At year end it held assets of $665k against liabilities of $15k, net assets of $649k. It reported 26 employees.