Anabaptist Scholarship Foundation of Virginia

Analysis

Anabaptist Scholarship Foundation of Virginia is a registered charity in United States, based in Rockingham, VA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Anabaptist Scholarship Foundation of Virginia reported income of $777k and spending of $719k, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $169k to $777k (+359%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 78%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anabaptist Scholarship Foundation of Virginia sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Hebrew Day School of Sullivan County ($777k), Garrett Memorial Christian School Inc ($778k) and Blue White Scholarship Foundation ($777k).

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 $11k (1.6% of expenses). At year end it held assets of $553k against liabilities of $0, net assets of $553k.