Virginia Association of Chiefs of Police and Foundation Inc

Analysis

Virginia Association of Chiefs of Police and Foundation Inc is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Association of Chiefs of Police and Foundation Inc reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $924k to $2.2m (+136%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 51%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Association of Chiefs of Police and Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Aaaa Foundation Inc ($2.2m), College of the Sequoias Foundation ($2.2m) and Ohio Assoc of Independent Schools Scholarship Granting Organization ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $155k (7.3% of expenses). Other salaries and wages came to $357k. At year end it held assets of $1.1m against liabilities of $792k, net assets of $314k. It reported 6 employees.