Men of Valor Academy

Analysis

Men of Valor Academy is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Men of Valor Academy reported income of $548k and spending of $852k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $757k to $548k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 121% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Men of Valor Academy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Spirit of Boldness Ministries ($548k), Sri Guru Ravidass Sabha Sacramento California ($548k) and Sri Harihara Peetham ($548k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $112k (13% of expenses). Other salaries and wages came to $313k. At year end it held assets of $140k against liabilities of $61k, net assets of $79k. It reported 11 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.