Virginia Association of Science Teachers
Analysis
Virginia Association of Science Teachers is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Association of Science Teachers reported income of $237k and spending of $254k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $248k to $237k (-4.5%), an average of -4.5% a year. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Association of Science Teachers sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Student Loan Fund Inc ($237k), Thrive Teaching Inc ($237k) and Catholic Education Foundation ($237k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $42k (17% of expenses). At year end it held assets of $334k against liabilities of $29k, net assets of $305k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 39%
- Program services 57%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Student Loan Fund Inc | New Haven | $237k |
| Thrive Teaching Inc | Moorpark | $237k |
| Catholic Education Foundation | Evansville | $237k |
| Blackstone Valley Chamber of Commerce Education Foundation | Whitinsville | $237k |