Valley Charities Inc
99% goes to programs $0 to raise $100 Thin reserves Declining revenue
Valley Charities Inc is a 501(c)(3) organization based in Wasilla, Alaska, registered in 1992, with $16,052,395 in FY2023 revenue. CharityIndex grades it B+, and it directs about 99% of spending to programs.
400 N Yenlo St, Wasilla, AK, 99654 EIN 92-0130785 Since 1992
Revenue (FY2023)
$16.1M
▲ 8.1% vs prior year
Unknown median: $232K
Expenses (FY2023)
$16.4M
Net assets
$1.1M
Employees
50
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Valley Charities Inc: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Valley Charities Inc: 1 mo reserves · -2% margin earns a C+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Valley Charities Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Valley Charities Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Enhance our community's resources, health and social well-being through our work and partnerships.
What they do
Merchandise vouchers/thrift store: this program recycles donated goods to benefit those in most need by providing clothing in-kind. this program is operated through our thrift store: which is owned by a volunteer board; all thrift store proceeds are allocated to programs and operations.
Mat-su reentry program. we work alongside mat-su organizations whose members passionately support increasing public safety through enhancing the well-being of former prisoners by assisting them to become successful citizens in our community.
Durable medical equipment lending program - valley charities, inc. provides a range of durable medical equipment to help improve your quality of life in your time of need at no cost to mat-su valley residents.
Contact & location
- Address
- 400 N Yenlo St, Wasilla, AK, 99654
- City
- Wasilla
- State
- Alaska
- Category
- Unknown
- Subcategory
- Unknown — other (Z9x)
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.5M (FY2013) to $16.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $875KNet assets $1.1M
Operating margin
-2.3%
Spent more than it raised in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$875K
Net assets
$1.1M
Salaries & benefits
$1.4M
8% of expenses
Board members
6
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $16,052,395▲8.1% | $16,414,522▲7.4% | $1,127,338▼24.4% | $2,002,748▼18.6% | 990 |
| 2022 | $14,853,668▼82.8% | $15,276,764▼83.3% | $1,492,114▼1.7% | $2,460,772▼8.0% | 990 |
| 2021 | $86,387,328▲132% | $91,453,382▲195% | $1,517,595▼77.0% | $2,675,483▼69.3% | 990 |
| 2020 | $37,190,264▲2639% | $31,008,860▲1989% | $6,589,306▲1537% | $8,716,320▲490% | 990 |
| 2019 | $1,358,034▼28.3% | $1,484,068▼16.4% | $402,629▼23.8% | $1,477,623▼12.7% | 990 |
| 2018 | $1,894,396▲23.9% | $1,774,379▲10.8% | $528,519▲29.5% | $1,692,938▲11.9% | 990 |
| 2017 | $1,528,552▲6.1% | $1,601,990▲4.5% | $408,202▼26.5% | $1,513,077▼5.8% | 990 |
| 2016 | $1,440,761▲2.7% | $1,533,050▼0.3% | $555,091▼14.3% | $1,606,940▼9.6% | 990 |
| 2015 | $1,402,662▼19.8% | $1,537,429▼7.8% | $647,380▼16.6% | $1,777,931▼6.7% | 990 |
| 2014 | $1,747,994▲19.0% | $1,667,824▲15.5% | $776,147▲11.5% | $1,906,502▲5.9% | 990 |
| 2013 | $1,468,901 | $1,443,812 | $695,977 | $1,799,638 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: John Rozzi — $90,002 (0.55% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John Rozzi | Ceo | 40 | $90,002 |
| Kimberly Byrwa | Cfo | 40 | $68,488 |
| Susan Hale | Outgoing Cfo | 40 | $23,904 |
| Cara Thomas | Secretary | 1 | — |
| Jeremy Collier | President | 1 | — |
| Lamarr Anderson | Director | 1 | — |
| Mabel Wimmer | Vice Preside | 1 | — |
| Mae Hayes | Treasurer | 1 | — |
| Steve Sweet | Director | 1 | — |
Grants received · $1.7M total
13 grants to Valley Charities Inc totaling $1.7M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Valley Hospital Association Inc | Mat-su reentry and durable medical equipment lending projects | 2024 | $329,395 |
| The Valley Hospital Association Inc | To support multiple projects | 2023 | $91,366 |
| The Valley Hospital Association Inc | To support multiple projects | 2023 | $91,366 |
| The Valley Hospital Association Inc | Vci medical equipment program; durable medical equipment lending program | 2022 | $277,813 |
| The Valley Hospital Association Inc | Vci medical equipment program; durable medical equipment lending program | 2022 | $277,813 |
| Alaska Community Foundation | Operational support | 2022 | $29,329 |
| The Valley Hospital Association Inc | Program & workforce development/program support/target wellness | 2021 | $68,445 |
| The Valley Hospital Association Inc | Program & workforce development/program support/target wellness | 2021 | $68,445 |
| The Valley Hospital Association Inc | Program support/healthy families - covid | 2020 | $151,692 |
| The Valley Hospital Association Inc | Program support/healthy families | 2019 | $59,098 |
| The Valley Hospital Association Inc | Prisoner reentry summit | 2018 | $10,700 |
| The Valley Hospital Association Inc | Prisoner peentry summit | 2018 | $10,700 |
| The Valley Hospital Association Inc | Hi201600012-c1 multi yr healthy imp | 2016 | $250,000 |
Grants made · $640K in FY2023
3 grants totaling $640K in FY2023. All grants made by Valley Charities Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Blood N Fire Ministry of Alaska | Homeless assistance | $506,522 |
| Daybreak Inc | Homeless assistance | $85,069 |
| Mat-su Valley Interfaith Hospitality Network | Homeless assistance | $48,503 |
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Frequently asked questions
- Is Valley Charities Inc a legitimate nonprofit?
- Yes. Valley Charities Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 92-0130785, based in Wasilla, Alaska. Donations are tax-deductible.
- What is Valley Charities Inc's EIN?
- Valley Charities Inc's Employer Identification Number (EIN) is 92-0130785.
- How much revenue does Valley Charities Inc report?
- Valley Charities Inc reported $16,052,395 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Valley Charities Inc's spending goes to programs?
- Valley Charities Inc spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Valley Charities Inc have?
- CharityIndex grades Valley Charities Inc B+, based on program efficiency and fundraising cost.
- How much does Valley Charities Inc's highest-paid employee make?
- The highest reported compensation on Valley Charities Inc's latest Form 990 is $90,002, paid to John Rozzi (Ceo).
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Data for Valley Charities Inc (EIN 92-0130785) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.