Brain Injury Association of Va Inc

Analysis

Brain Injury Association of Va Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 1983, 43 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 June 2023, Brain Injury Association of Va Inc reported income of $981k and spending of $1.0m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $845k to $981k (+16%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brain Injury Association of Va Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Braking Cycles ($981k), Big Brothers Big Sisters of Southern Nevada ($981k) and Adventist Housing Corporation ($981k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $105k (10% of expenses). Other salaries and wages came to $413k. At year end it held assets of $840k against liabilities of $143k, net assets of $696k. It reported 15 employees.