Virginia Orthodontic Education & Research Foundation

Analysis

Virginia Orthodontic Education & Research Foundation is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in May 1972, 54 years ago. 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, Virginia Orthodontic Education & Research Foundation reported income of $283k and spending of $145k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $283k (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Orthodontic Education & Research Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include United Way of Thomas County Inc ($283k), Madison County Historical Society Inc ($283k) and Technology Stedent Association ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 36% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.