Virginia Network for Victims and Witnesses of Crime Inc

Analysis

Virginia Network for Victims and Witnesses of Crime Inc is a registered charity in United States, based in Henrico, VA. It received its IRS tax-exemption ruling in January 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Virginia Network for Victims and Witnesses of Crime Inc reported income of $748k and spending of $856k, spending 114% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income grew from $549k to $748k (+36%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Network for Victims and Witnesses of Crime Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Sonny Boy Blues Society Inc ($748k), Sheet Metal Workers Union Joint Apprenticeship & Training Co ($748k) and Pathfinder Ptsa ($748k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 9.2% of the total. Other salaries and wages came to $370k. At year end it held assets of $360k against liabilities of $19k, net assets of $341k. It reported 10 employees.