Eastern Shore of Virginia Community Foundation

Analysis

Eastern Shore of Virginia Community Foundation is a registered charity in United States, based in Onley, VA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Eastern Shore of Virginia Community Foundation reported income of $368k and spending of $378k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $434k to $368k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eastern Shore of Virginia Community Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Supporters of Charitable Causes ($368k), Alliance Initiatives Fund Inc ($368k) and E S B a Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $40k (11% of expenses). At year end it held assets of $539k against liabilities of $60k, net assets of $479k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.