Virginia Coalition for the Prevention of Elder Abuse Inc

Analysis

Virginia Coalition for the Prevention of Elder Abuse Inc is a registered charity in United States, based in Henrico, VA. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Coalition for the Prevention of Elder Abuse Inc reported income of $102k and spending of $80k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $102k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virginia Coalition for the Prevention of Elder Abuse Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Erin Andra Wilson Foundation ($102k), Thrive Center ($102k) and Cornerstone Association of Ministers and Educators Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 59% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.