Vcu Investment Management Company

Analysis

Vcu Investment Management Company is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Vcu Investment Management Company reported income of $3.7m and spending of $3.6m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.7m to $3.7m (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vcu Investment Management Company sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Toledo Preparatory and Fitness Academy ($3.7m), Monterey Peninsula College Foundation ($3.8m) and Alethia Labs Inc ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $3.5m against liabilities of $1.7m, net assets of $1.9m. It reported 11 employees.