University of Virginia Healt Foundation

Analysis

University of Virginia Healt Foundation is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, University of Virginia Healt Foundation reported income of $17.7m and spending of $9.5m, leaving 46% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $26.9m to $17.7m (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2021, when income dropped by 75%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Virginia Healt Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Ex Students Association of the ($17.7m), Classroom Central Inc ($17.7m) and Los Angeles Leadership Academy ($17.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $107.6m against liabilities of $577k, net assets of $107.0m.