Virginia Nurses Foundation Inc

Analysis

Virginia Nurses Foundation Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in April 1996, 30 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, Virginia Nurses Foundation Inc reported income of $144k and spending of $112k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $130k to $144k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Nurses Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Bridgewater Alumni Association of Bridgewater State College ($144k), Engineers Club of Dayton Foundation ($144k) and Blossburg Memorial Library ($144k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $34k. At year end it held assets of $302k against liabilities of $53k, net assets of $249k. It reported 3 employees.