Virginia Lady Eagles Inc

Analysis

Virginia Lady Eagles Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Virginia Lady Eagles Inc reported income of $184k and spending of $218k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $266k to $184k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Virginia Lady Eagles Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Berkley Dads Club ($184k), Heroes on Horseback ($184k) and Rockland Rowing Association Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 17% of the total. At year end it held assets of $154k against liabilities of $1,371, net assets of $153k.