Valley Fund Corporation

Analysis

Valley Fund Corporation is a registered charity in United States, based in Valencia, CA. It received its IRS tax-exemption ruling in November 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Valley Fund Corporation reported income of $732k and spending of $1.2m, spending 167% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $732k (-79%), an average of -32% a year. The sharpest change came in the year to June 2022, when income dropped by 46%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Fund Corporation sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include New Jersey Farmers Cooperative ($732k), Community Care and Learning Center ($732k) and Youth Assistance Coalition Inc ($732k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $20.8m against liabilities of $6,653, net assets of $20.8m.