Valley Villa Inc

Analysis

Valley Villa Inc is a registered charity in United States, based in S Salt Lake, UT. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Valley Villa Inc reported income of $140k and spending of $176k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $140k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Villa Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within UT. Charities of a similar size with the same main cause include Nurturing the Heart with the Brain in Mind ($140k), Chevy Chase at Home ($140k) and E210 Ventures Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $31k. At year end it held assets of $617k against liabilities of $16k, net assets of $602k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.