International Va a Federation Corp

Analysis

International Va a Federation Corp is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, International Va a Federation Corp reported income of $74k and spending of $46k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $74k (-0.5%), an average of -0.5% a year. Over the whole period it spent 62% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, International Va a Federation Corp sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Weymouth Girls Basketball Inc ($74k), Brentwood Dolphin Swim Club ($74k) and District of Columbia Aquatics Club Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $139k against liabilities of $111k, net assets of $29k.