Police Association of Virginia

Analysis

Police Association of Virginia is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Police Association of Virginia reported income of $327k and spending of $288k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $223k to $327k (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Police Association of Virginia sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Aiesec Life Inc ($326k), Sphinx Academy Inc ($327k) and St Luke University ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $3,518 (1.2% of expenses). It paid $173k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $2,160, net assets of $1.1m. It reported 1 employees.