Value Schools
Analysis
Value Schools is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2002, 24 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, Value Schools reported income of $37.2m and spending of $34.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.6m to $37.2m (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Value Schools sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Southern Virginia University ($37.2m), Cottonwood Charter School ($37.3m) and University School of Nashville ($37.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $419k (1.2% of expenses). Other salaries and wages came to $14.7m. At year end it held assets of $84.2m against liabilities of $65.8m, net assets of $18.5m. It reported 291 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Southern Virginia University | Buena Vista | $37.2m |
| Cottonwood Charter School | El Dorado Hills | $37.3m |
| University School of Nashville | Nashville | $37.2m |
| American Management Association Int | Saranac Lake | $37.3m |