Virginia Black History Month Association

Analysis

Virginia Black History Month Association is a registered charity in United States, based in Spotsylvania, VA. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Virginia Black History Month Association reported income of $100k and spending of $93k, spending 93% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $76k to $100k (+31%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 201%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Virginia Black History Month Association 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 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Committee for the Families of War Veterans ($100k), Tell US Something ($100k) and Herman Hesselschwardt 758 Marine Corps League Christmas for Kids ($100k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. At year end it held assets of $23k against liabilities of $3,025, net assets of $20k.