Virginia Chapter American Association of Blacks in Energy in

Analysis

Virginia Chapter American Association of Blacks in Energy in is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Virginia Chapter American Association of Blacks in Energy in reported income of $77k and spending of $86k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $77k (+245%), an average of +245% a year. The sharpest change came in the year to December 2023, when income rose by 245%. Over the whole period it spent 139% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Virginia Chapter American Association of Blacks in Energy in sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include California Climate Action Now ($77k), Champaign County Soil and Water Conservation District Foundation ($77k) and Composting Association of Vermont Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.