Virgin Valley Family Services Inc

Analysis

Virgin Valley Family Services Inc is a registered charity in United States, based in Mesquite, NV. It received its IRS tax-exemption ruling in April 2001, 25 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 June 2024, Virgin Valley Family Services Inc reported income of $363k and spending of $394k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $397k to $363k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virgin Valley Family Services Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within NV. Charities of a similar size with the same main cause include Womens Fund of East Tenenssee ($363k), Feds 4 Med Freedom Inc ($364k) and Story City Senior Citizens Incorporated ($363k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $69k (17% of expenses). Other salaries and wages came to $53k. At year end it held assets of $217k against liabilities of $2,800, net assets of $215k. It reported 4 employees.

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.