The Improvement Association

Analysis

The Improvement Association is a registered charity in United States, based in Emporia, VA. It received its IRS tax-exemption ruling in March 1984, 42 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, The Improvement Association reported income of $5.0m and spending of $4.6m, spending 93% of its income. Across the 2 years on record, from June 2021 to June 2023, income grew from $4.6m to $5.0m (+7.8%), an average of +7.8% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Improvement Association sits at the 90th percentile: it is larger than about 90% 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 Miracle Food Network Inc ($5.0m), Stark County Agricultural Society Inc ($5.0m) and Village Exchange Center Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 4.1% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $3.1m against liabilities of $407k, net assets of $2.6m. It reported 81 employees.