Virginias Kids Belong

Analysis

Virginias Kids Belong is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Virginias Kids Belong reported income of $532k and spending of $459k, spending 86% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $181k to $532k (+194%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virginias Kids Belong sits at the 66th percentile: it is larger than about 66% 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 Aptive Gives Back Foundation ($531k), New Life Mission ($532k) and Paradise Place ($531k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (28% of expenses). Other salaries and wages came to $235k. At year end it held assets of $274k against liabilities of $12k, net assets of $263k. It reported 7 employees.