Central Virginia Partnership Foundation

Analysis

Central Virginia Partnership Foundation is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in July 2011, 15 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Virginia Partnership Foundation reported income of $64k and spending of $53k, spending 82% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $41k to $64k (+57%), an average of +57% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 121% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Virginia Partnership Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include Israel Community Support Centers Inc ($64k), Oisf Foundation a NJ Nonprofit Corporation ($64k) and Briarcliff Manor Education Foundation ($64k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $14k, net assets of $11k.