Valley School of Seattle
Analysis
Valley School of Seattle is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Valley School of Seattle reported income of $4.0m and spending of $4.0m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.0m to $4.0m (+33%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Valley School of Seattle sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Research Park at Sdsu ($4.0m), The Empowerment Center Inc ($4.0m) and Liberty Preparatory Christian Academy Inc ($4.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $699k (17% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.8m against liabilities of $1.3m, net assets of $4.5m. It reported 48 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.4%
- Program services 94%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Research Park at Sdsu | Brookings | $4.0m |
| The Empowerment Center Inc | Baltimore | $4.0m |
| Liberty Preparatory Christian Academy Inc | Mooresville | $4.0m |
| Wilco Montessori Partners | Georgetown | $4.0m |