Philip F Dupont TR Ud for University of Virginia 1028-2 Nect

Analysis

Philip F Dupont TR Ud for University of Virginia 1028-2 Nect is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Philip F Dupont TR Ud for University of Virginia 1028-2 Nect reported income of $3.9m and spending of $6.1m, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $3.9m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philip F Dupont TR Ud for University of Virginia 1028-2 Nect 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 91st percentile, and in the 91st percentile within DE. Charities of a similar size with the same main cause include The Stonehaven School Inc ($3.9m), John Hancock Charter School ($3.9m) and St Thomas More Play Group Inc ($3.9m).

Compensation of current officers, directors and key employees was $645k (10% of expenses). At year end it held assets of $89.5m against liabilities of $0, net assets of $89.5m.