The Rvda Education Foundation

Analysis

The Rvda Education Foundation is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Rvda Education Foundation reported income of $398k and spending of $455k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $355k to $398k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Rvda Education Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Dubard School Foundation Trust ($398k), Zeta Phi Beta Sorority Nationaleducational Foundation Inc ($398k) and Trustees of Leavitt Institute ($398k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Other salaries and wages came to $202k. At year end it held assets of $1.0m against liabilities of $815k, net assets of $215k.