Virginia Down Syndrome Association
Analysis
Virginia Down Syndrome Association is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 1990, 36 years ago. 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 2023, Virginia Down Syndrome Association reported income of $202k and spending of $320k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $367k to $202k (-45%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. Over the whole period it spent 98% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Down Syndrome Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Landman Scholarship Trust ($202k), Pacific Northwest Kiwanis Foundation ($203k) and Six Mile Run Volunteer Fire Company ($202k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 16% of the total. Other salaries and wages came to $172k. At year end it held assets of $506k against liabilities of $160k, net assets of $346k.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 16%
- Other 52%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Landman Scholarship Trust | Fort Worth | $202k |
| Pacific Northwest Kiwanis Foundation | Gladstone | $203k |
| Six Mile Run Volunteer Fire Company | Six Mile Run | $202k |
| 219 Henry St H D F C | New York | $203k |