Virginia Community Action Partnership
Analysis
Virginia Community Action Partnership is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Community Action Partnership reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $686k to $1.1m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 93% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virginia Community Action Partnership sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Wellspring Community Support Services ($1.1m), Facing Homelessness ($1.1m) and Weekend Backpacks Baltimore Inc ($1.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $187k (19% of expenses). Other salaries and wages came to $158k. At year end it held assets of $1.3m against liabilities of $64k, net assets of $1.2m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 52%
- Program services 45%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wellspring Community Support Services | Mansfield | $1.1m |
| Facing Homelessness | Seattle | $1.1m |
| Weekend Backpacks Baltimore Inc | Baltimore | $1.1m |
| Long Beach Center for Economic Inclusion | Long Beach | $1.1m |