Virginia Art Education Association

Analysis

Virginia Art Education Association is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in March 1986, 40 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Virginia Art Education Association reported income of $56k and spending of $38k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $56k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Art Education Association sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Presque Isle Historical & Genealogical Society ($56k), Bedford Historical Society Inc ($56k) and Kenton Soccer Association Inc ($56k).

At year end it held assets of $122k against liabilities of $0, net assets of $122k.