Vscpa Educational Foundation Inc

Analysis

Vscpa Educational Foundation Inc is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Vscpa Educational Foundation Inc reported income of $373k and spending of $162k, leaving 57% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $206k to $373k (+81%), an average of +16% a year. The sharpest change came in the year to April 2024, when income rose by 153%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vscpa Educational Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Learning for Living Institute ($373k), Moynihan Scholarship Fund Inc ($373k) and The Pop Tech Institute ($373k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 69% and program service revenue 23% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.