Virginia Foundation for Agriculture Innovation & Rural Suftainability

Analysis

Virginia Foundation for Agriculture Innovation & Rural Suftainability is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in January 2018, 8 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 Foundation for Agriculture Innovation & Rural Suftainability reported income of $532k and spending of $508k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $532k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Virginia Foundation for Agriculture Innovation & Rural Suftainability sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Pacific Rim Institute for Environmental Stewardship ($532k), Renewable Natural Resources Foundation ($532k) and Magnolia Gardens Inc ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 20% of the total. At year end it held assets of $446k against liabilities of $58k, net assets of $388k.