Valley Mountain Regional Center Inc

Analysis

Valley Mountain Regional Center Inc is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in September 1974, 52 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 2023, Valley Mountain Regional Center Inc reported income of $373.0m and spending of $373.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $232.1m to $373.0m (+61%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Mountain Regional Center Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Eastern Los Angeles Regional Center for Developmentally Disabled Inc ($355.0m), Lutheran Services Florida Inc ($376.9m) and Blue Meridian Partners Inc ($353.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $451k (0.1% of expenses). Other salaries and wages came to $31.6m. At year end it held assets of $34.9m against liabilities of $61.4m, net assets of -$26.5m. It reported 421 employees.