Virginia Dental Association Foundation

Analysis

Virginia Dental Association Foundation is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virginia Dental Association Foundation reported income of $604k and spending of $547k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $604k (-61%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virginia Dental Association Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Ohana Wellness Center ($604k), Plant Chicago NFP ($604k) and Wertz Warriors ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $267k. At year end it held assets of $937k against liabilities of $62k, net assets of $875k.