Virginia Mentoring Partnership
Analysis
Virginia Mentoring Partnership is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2024, Virginia Mentoring Partnership reported income of $568k and spending of $385k, leaving 32% of income unspent that year. Across the 6 years on record, from December 2019 to June 2024, income grew from $475k to $568k (+20%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 87%. Over the whole period it spent 84% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Virginia Mentoring Partnership 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 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Heartbound Ministries Inc ($567k), Lions Story Village ($568k) and Welcome Table Collaborative ($566k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 55% of the total. Other salaries and wages came to $183k. At year end it held assets of $566k against liabilities of $9,771, net assets of $556k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 55%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Heartbound Ministries Inc | Atlanta | $567k |
| Lions Story Village | Philadelphia | $568k |
| Welcome Table Collaborative | Jackson | $566k |
| Place of Grace Inc | Huntington | $569k |