Valley Achievement Center

Analysis

Valley Achievement Center is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in March 1999, 27 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 July 2023, Valley Achievement Center reported income of $6.9m and spending of $8.4m, spending 122% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $9.2m to $6.9m (-25%), an average of -7.0% a year. The sharpest change came in the year to July 2022, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Achievement Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include The Prentice School ($6.9m), Duke Global Inc ($6.9m) and Kirkwood Community College Foundation ($6.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $135k (1.6% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $4.9m against liabilities of $1.9m, net assets of $3.0m. It reported 303 employees.