Virginia Bleeding Disorders Foundation

Analysis

Virginia Bleeding Disorders Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in November 1997, 29 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 2024, Virginia Bleeding Disorders Foundation reported income of $584k and spending of $463k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $448k to $584k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virginia Bleeding Disorders Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Childrens Learning Center at Morningside Heights Inc ($584k), Antonine Sisters Adult Day Care Inc ($584k) and Young Womens Christian Association of Alexandria Louisiana Inc ($584k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $111k (24% of expenses). Other salaries and wages came to $88k. At year end it held assets of $1.9m against liabilities of $25k, net assets of $1.9m. It reported 2 employees.