Valley Family Center

Analysis

Valley Family Center is a registered charity in United States, based in San Fernando, CA. It received its IRS tax-exemption ruling in July 1992, 34 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 Family Center reported income of $946k and spending of $953k, spending 101% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $771k to $946k (+23%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Family Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Harvest of Israel Inc ($946k), Laboratory to Combat Human Trafficking ($946k) and Increasing H O P E ($946k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $90k (9.5% of expenses). Other salaries and wages came to $307k. At year end it held assets of $4.6m against liabilities of $1.8m, net assets of $2.8m. It reported 24 employees.