Virginia Area Committee of Alcoholics Anonymous Inc

Analysis

Virginia Area Committee of Alcoholics Anonymous Inc is a registered charity in United States, based in Troy, VA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virginia Area Committee of Alcoholics Anonymous Inc reported income of $85k and spending of $79k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $85k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Virginia Area Committee of Alcoholics Anonymous Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Tipp City Area Arts Council Inc ($85k), Society of Colonial Wars ($85k) and Sweet Adelines International ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.