Valley Christian Schools

Analysis

Valley Christian Schools is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 1962, 64 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 Christian Schools reported income of $82.3m and spending of $81.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $65.1m to $82.3m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Christian Schools sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Ouachita Baptist University ($82.2m), Chicago Cook Workforce Partnership ($82.3m) and Parker University ($82.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.0m (2.5% of expenses). Other salaries and wages came to $34.9m. At year end it held assets of $128.7m against liabilities of $59.0m, net assets of $69.7m. It reported 550 employees.