Virginia Water Environment Association Inc

Analysis

Virginia Water Environment Association Inc is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Water Environment Association Inc reported income of $513k and spending of $436k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $493k to $513k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Virginia Water Environment Association Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Great Outdoors Fund ($513k), Friends of Briar Bush ($513k) and Powder Basin Watershed Council ($513k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $114k (26% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.