Vysa for Land Preservation

Analysis

Vysa for Land Preservation is a registered charity in United States, based in Fredericksburg, VA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Vysa for Land Preservation reported income of $1.1m and spending of $1.8m, spending 157% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $836k to $1.1m (+35%), an average of +7.8% a year. The sharpest change came in the year to August 2023, when income rose by 83%. Over the whole period it spent 167% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vysa for Land Preservation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Lyons Township Soccer Club ($1.1m), Ozark Juniors Volleyball Club Inc ($1.1m) and Triangle Community Center Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 51% and program service revenue 44% of the total. Other salaries and wages came to $110k. At year end it held assets of $5.2m against liabilities of $5.1m, net assets of $122k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.