Stafford County Vocational Education Foundation Inc

Analysis

Stafford County Vocational Education Foundation Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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, Stafford County Vocational Education Foundation Inc reported income of $536k and spending of $520k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $536k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 29558%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stafford County Vocational Education Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Lifeline Foundation ($536k), Delta Mu Delta Honor Society ($536k) and Hellenic Society Paideia Inc ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. At year end it held assets of $679k against liabilities of $0, net assets of $679k.