Virginia Baptist Childrens Home and Family Services

Analysis

Virginia Baptist Childrens Home and Family Services is a registered charity in United States, based in Salem, VA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. 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 September 2023, Virginia Baptist Childrens Home and Family Services reported income of $17.9m and spending of $17.9m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $14.2m to $17.9m (+26%), an average of +6.0% a year. The sharpest change came in the year to September 2022, when income rose by 18%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Baptist Childrens Home and Family Services sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include National Federation of State High School Associations ($17.9m), Planetary Science Institute ($17.9m) and Shawnee Mental Health Center Inc ($17.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $396k (2.2% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $23.6m against liabilities of $1.3m, net assets of $22.2m. It reported 342 employees.