Options for Youth-Victor Valley Inc

Analysis

Options for Youth-Victor Valley Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Options for Youth-Victor Valley Inc reported income of $14.1m and spending of $14.6m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.9m to $14.1m (+9.3%), an average of +2.2% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Options for Youth-Victor Valley Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Watts Learning Center Foundation Inc ($14.1m), Isucceed Virtual High School Inc ($14.1m) and Allegiance Steam Academy Inc ($14.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $6.3m. At year end it held assets of $17.3m against liabilities of $10.2m, net assets of $7.1m. It reported 111 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.