Virginia Institute of Pastoral Care Inc

Analysis

Virginia Institute of Pastoral Care Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in November 1967, 59 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virginia Institute of Pastoral Care Inc reported income of $507k and spending of $594k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $469k to $507k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Institute of Pastoral Care Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include The Creekers Club ($507k), Foster Avenue Apartments ($507k) and Children of Shelters ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $318k. At year end it held assets of $731k against liabilities of $402k, net assets of $329k. It reported 16 employees.