Virginia Rural Water Association

Analysis

Virginia Rural Water Association is a registered charity in United States, based in Buena Vista, VA. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Virginia Rural Water Association reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.5m (+40%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Rural Water Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Boys & Girls Club of Johnson County Inc ($1.5m), Sikh Center San Francisco Bay Area ($1.5m) and Riese-Madison Park ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Other salaries and wages came to $556k. At year end it held assets of $1.2m against liabilities of $149k, net assets of $1.0m. It reported 17 employees.