Virginia Christian College

Analysis

Virginia Christian College is a registered charity in United States, based in Dumfries, VA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virginia Christian College reported income of $771k and spending of $576k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $357k to $771k (+116%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Christian College 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 Grateful Heart Holistic Therapycenter ($771k), Gaining Ground Corporation ($772k) and Feed & Seed Co ($771k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $47k (8.2% of expenses). Other salaries and wages came to $275k. At year end it held assets of $284k against liabilities of $0, net assets of $284k. It reported 16 employees.