Central Virginia Legal Aid Society Inc

Analysis

Central Virginia Legal Aid Society Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 1984, 42 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 December 2023, Central Virginia Legal Aid Society Inc reported income of $4.7m and spending of $5.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.7m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Virginia Legal Aid Society Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Young Mens Christian Association Columbus ($4.7m), Stony Creek Community Health Center ($4.7m) and Plumbers and Steamfitters Local Union No 486 Joint Journeymen and ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $121k (2.4% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $3.6m against liabilities of $1.3m, net assets of $2.3m. It reported 50 employees.