Virginia Advanced Study Strategiesinc

Analysis

Virginia Advanced Study Strategiesinc is a registered charity in United States, based in South Boston, VA. It received its IRS tax-exemption ruling in September 2007, 19 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 December 2023, Virginia Advanced Study Strategiesinc reported income of $1.8m and spending of $1.6m, spending 88% of its income. Across the 6 years on record, from July 2019 to December 2023, income grew from $768k to $1.8m (+138%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 182%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Advanced Study Strategiesinc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Seminole Mennonite School ($1.8m), Bright Futures Early Learning Center Inc ($1.8m) and C S Lewis Academy ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.8% of the total. At year end it held assets of $574k against liabilities of $211k, net assets of $363k.