Virginia Law Foundation

Analysis

Virginia Law Foundation is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in August 1976, 50 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virginia Law Foundation reported income of $5.7m and spending of $6.9m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.6m to $5.7m (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 92% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Virginia Law Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Laurens Kids ($5.7m), Communities in Schools of Richmond Inc ($5.7m) and Federal Defender Services of Wisconsin Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $581k (8.4% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $24.7m against liabilities of $1.6m, net assets of $23.0m. It reported 47 employees.