Virginia Center for Public Press Inc

Analysis

Virginia Center for Public Press Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Virginia Center for Public Press Inc reported income of $97k and spending of $150k, spending 154% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $146k to $97k (-33%), an average of -7.8% a year. The sharpest change came in the year to June 2020, when income dropped by 19%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Virginia Center for Public Press Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Tiskilwa Historical Society ($97k), Truthbase Theatricals Inc ($97k) and Brewster Kaleidoscope Society ($97k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $769k against liabilities of $296k, net assets of $473k.