Virginia Union University National Alumni Association Inc

Analysis

Virginia Union University National Alumni Association Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Virginia Union University National Alumni Association Inc reported income of $89k and spending of $67k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $69k to $89k (+30%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Union University National Alumni Association Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Vanguard High School Boosters Inc ($89k), Guiding Word Counseling ($89k) and Sommer Foundation ($89k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.