New Vistas School of Central Virginia Inc

Analysis

New Vistas School of Central Virginia Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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, New Vistas School of Central Virginia Inc reported income of $2.4m and spending of $1.3m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $2.4m (+76%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 95%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Vistas School of Central Virginia Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Black River Career Prep High School ($2.4m), Southeastern Free Will Baptist Bible College Inc ($2.4m) and Excel Christian School ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $82k (6.2% of expenses). Other salaries and wages came to $765k. At year end it held assets of $3.4m against liabilities of $135k, net assets of $3.2m. It reported 25 employees.