Vba Education Foundation

Analysis

Vba Education Foundation is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in June 2007, 19 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, Vba Education Foundation reported income of $402k and spending of $204k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $154k to $402k (+162%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vba Education Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include World Bank Community Connections Fund ($402k), One Equal Heart Foundation ($402k) and Gwinnett Tech Foundation Inc ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.