Virginia Child Care Resource and Refferal Network

Analysis

Virginia Child Care Resource and Refferal Network is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in July 1993, 33 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 June 2023, Virginia Child Care Resource and Refferal Network reported income of $2.7m and spending of $2.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.7m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Child Care Resource and Refferal Network sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Center for Global Health Innovation Inc ($2.7m), Bangor Housing Development Corporation ($2.7m) and Muslim Community and Health ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Other salaries and wages came to $893k. At year end it held assets of $2.7m against liabilities of $261k, net assets of $2.5m. It reported 13 employees.