Valley Christian School System
Analysis
Valley Christian School System is a registered charity in United States, based in Cerritos, CA. It received its IRS tax-exemption ruling in April 1952, 74 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 School System reported income of $19.6m and spending of $19.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.9m to $19.6m (+9.5%), an average of +2.3% a year. The sharpest change came in the year to June 2022, when income rose by 24%. 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 School System sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Ponce Medical School Foundation Inc ($19.6m), Civic Works Inc ($19.6m) and Escuela Popular Del Pueblo ($19.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $329k (1.7% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $16.3m against liabilities of $1.9m, net assets of $14.4m. It reported 309 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.7%
- Program services 92%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ponce Medical School Foundation Inc | Ponce | $19.6m |
| Civic Works Inc | Baltimore | $19.6m |
| Escuela Popular Del Pueblo | San Jose | $19.6m |
| Middle Tennessee Christian School | Murfreesboro | $19.6m |