Virginia Association of Community Services Boards Inc

Analysis

Virginia Association of Community Services Boards Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Virginia Association of Community Services Boards Inc reported income of $1.4m and spending of $1.2m, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $877k to $1.4m (+63%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virginia Association of Community Services Boards Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Focus Forward ($1.4m), Permian Basin Regional Council on Alcohol and Drug Abuse ($1.4m) and Palliative and Supportive Care of Nantucket Foundation Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $131k (11% of expenses). Other salaries and wages came to $189k. At year end it held assets of $2.4m against liabilities of $936k, net assets of $1.4m. It reported 4 employees.