Virginia Telehealth Network

Analysis

Virginia Telehealth Network is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Telehealth Network reported income of $1.3m and spending of $753k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $369k to $1.3m (+240%), an average of +84% a year. The sharpest change came in the year to December 2022, when income rose by 203%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virginia Telehealth Network sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Autism Diagnostic Evaluations Resources Services ($1.3m), Society of Urologic Nurses and Associates Suna ($1.3m) and Serenity Hospice and Home Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $159k. At year end it held assets of $931k against liabilities of $25k, net assets of $906k. It reported 4 employees.