Virginia Home for Boys and Girls Foundation

Analysis

Virginia Home for Boys and Girls Foundation is a registered charity in United States, based in Henrico, VA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Virginia Home for Boys and Girls Foundation reported income of $944k and spending of $1.9m, spending 199% of what it took in. Across the 6 years on record, from September 2019 to June 2024, income fell from $2.3m to $944k (-59%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 129%. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Virginia Home for Boys and Girls Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Robynes Nest ($943k), Center for Behaviorial and Academic Research Inc ($945k) and Oregon Bravo Youth Orchestras ($943k).

At year end it held assets of $28.3m against liabilities of $1.6m, net assets of $26.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.