Virginia Baptist Collegiate Ministries Alumni Association

Analysis

Virginia Baptist Collegiate Ministries Alumni Association is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in November 2015, 11 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, Virginia Baptist Collegiate Ministries Alumni Association reported income of $413k and spending of $293k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $413k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Baptist Collegiate Ministries Alumni Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Winnetka Parent Teacher Organization ($413k), Ministries of Divine Mercy Inc ($413k) and Hope Springs Christian Learning Center Inc ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.