Virginia Gentlemens Foundation Inc

Analysis

Virginia Gentlemens Foundation Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2022, Virginia Gentlemens Foundation Inc reported income of $204k and spending of $533k, spending 262% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $1.4m to $204k (-85%), an average of -47% a year. The sharpest change came in the year to June 2022, when income dropped by 78%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virginia Gentlemens Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Fundamental Health ($204k), Darlene Bishop Home for Life ($204k) and Fort Peck Wellness Center Qalicb ($204k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $46k (8.6% of expenses). Other salaries and wages came to $20k. At year end it held assets of $9.0m against liabilities of $5,958, net assets of $9.0m. It reported 2 employees.