Ivy Foundation of Northern Virginia Inc

Analysis

Ivy Foundation of Northern Virginia Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ivy Foundation of Northern Virginia Inc reported income of $312k and spending of $142k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $312k (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 389%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ivy Foundation of Northern Virginia Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Gamer Fund ($312k), Family Promise of Moore County ($312k) and Little Huskies Childcare ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 71% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k. It reported 2 employees.