Virginia Institute of Autism Incorporated

Analysis

Virginia Institute of Autism Incorporated is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Institute of Autism Incorporated reported income of $17.3m and spending of $16.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.0m to $17.3m (+58%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Virginia Institute of Autism Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include American Friends of B Nai Levy Foundation ($17.3m), Grand Haven Area Community Foundation Inc ($17.3m) and Community Foundation of Eastern Connecticut ($17.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $204k (1.3% of expenses). Other salaries and wages came to $10.7m. At year end it held assets of $28.0m against liabilities of $8.3m, net assets of $19.7m. It reported 216 employees.