Virginias One Church One Child Inc
Analysis
Virginias One Church One Child Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Virginias One Church One Child Inc reported income of $132k and spending of $133k, spending 100% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $119k to $132k (+10%), an average of +5.1% a year. Over the whole period it spent 100% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virginias One Church One Child Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Johnstone Apartments Inc ($132k), Alliance Community for Retirement Living Inc ($132k) and Larry H Spears Foundation Inc ($132k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $27k (20% of expenses). Other salaries and wages came to $48k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.4%
- Program services 97%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Johnstone Apartments Inc | Fort Gratiot | $132k |
| Alliance Community for Retirement Living Inc | Deland | $132k |
| Larry H Spears Foundation Inc | Dry Ridge | $132k |
| Utah Assistive Technology Foundation | Logan | $132k |