Valley Crossroads Inc
Analysis
Valley Crossroads Inc is a registered charity in United States, based in Millcreek, UT. It received its IRS tax-exemption ruling in October 1995, 31 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 Crossroads Inc reported income of $142k and spending of $205k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $142k (+0.2%), an average of +0.0% a year. Over the whole period it spent 127% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Crossroads Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within UT. Charities of a similar size with the same main cause include New Creation Outreach Inc ($142k), Our Daily Bread Foundation ($142k) and Nechamacomfort ($142k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $31k. At year end it held assets of $740k against liabilities of $46k, net assets of $694k.
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.
Income and spending
Where the income comes from
- Contributions & grants 52%
- Program services 48%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Creation Outreach Inc | Tampa | $142k |
| Our Daily Bread Foundation | Charlotte | $142k |
| Nechamacomfort | Teaneck | $142k |
| Sofesa | Los Angeles | $142k |