Vaw VRC Officers Spouses Assoc Vaw VRC Memorial Scholarship Fund

Analysis

Vaw VRC Officers Spouses Assoc Vaw VRC Memorial Scholarship Fund is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Vaw VRC Officers Spouses Assoc Vaw VRC Memorial Scholarship Fund reported income of $94k and spending of $59k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $94k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vaw VRC Officers Spouses Assoc Vaw VRC Memorial Scholarship Fund sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Parent Booster USA Inc Tomball Memorial HS Silver Stars ($94k), Alcott School Parent Teacher Group Inc ($94k) and The Springfield Green County Public Library Foundation ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $654k against liabilities of $0, net assets of $654k.