VTV Family Outreach Foundation Inc

Analysis

VTV Family Outreach Foundation Inc is a registered charity in United States, based in Centreville, VA. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, VTV Family Outreach Foundation Inc reported income of $67k and spending of $48k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $41k to $67k (+64%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, VTV Family Outreach Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include New Plymouth Senior Citizens ($67k), St James Youth Services Inc ($67k) and Hanson Food Pantry Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 3.2% of the total. At year end it held assets of $418k against liabilities of $1,719, net assets of $416k.