Junior Achievement of Central Virginia
Analysis
Junior Achievement of Central Virginia is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2024, Junior Achievement of Central Virginia reported income of $1.3m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.4m to $1.3m (-9.1%), an average of -2.4% a year. The sharpest change came in the year to June 2021, when income dropped by 33%. Over the whole period it spent 104% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Junior Achievement of Central Virginia sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Peace Action Education Fund ($1.3m), Center for Entrepreneurship in International Health and Developme ($1.3m) and Scholars for Peace in the Middle East Inc ($1.3m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $180k (15% of expenses). Other salaries and wages came to $384k. At year end it held assets of $3.6m against liabilities of $421k, net assets of $3.2m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 1.6%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Peace Action Education Fund | Silver Spring | $1.3m |
| Center for Entrepreneurship in International Health and Developme | Alameda | $1.3m |
| Scholars for Peace in the Middle East Inc | Bala Cynwyd | $1.3m |
| The Friends of Barnabas Foundation | Midlothian | $1.3m |