Childrens Home Society of Virginia Memorial Fund Inc

Analysis

Childrens Home Society of Virginia Memorial Fund Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Home Society of Virginia Memorial Fund Inc reported income of $172k and spending of $221k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $158k to $172k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home Society of Virginia Memorial Fund Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Enchantment Inc ($172k), Little Bees Daycare ($172k) and Washington State Council of Firefighters Benevolent Fund ($172k).

At year end it held assets of $3.8m against liabilities of $332k, net assets of $3.4m.