Virginia Techniques Booster Club Inc

Analysis

Virginia Techniques Booster Club Inc is a registered charity in United States, based in Christiansburg, VA. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virginia Techniques Booster Club Inc reported income of $113k and spending of $86k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $146k to $113k (-23%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Techniques Booster Club Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Filarmonica Santo Antonio Inc ($113k), Urbana H S Band Boosters ($113k) and Western Trauma Foundation for Education and Research ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.