Virginia Head Start Association Inc
Analysis
Virginia Head Start Association Inc is a registered charity in United States, based in Ashland, VA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Virginia Head Start Association Inc reported income of $321k and spending of $338k, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $219k to $321k (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Head Start Association Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Catch a Star Academy ($321k), Next Generation Youth Development Inc ($321k) and Missouri Association for College Admission Counseling Inc ($321k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $124k (37% of expenses). Other salaries and wages came to $14k. At year end it held assets of $479k against liabilities of $20k, net assets of $460k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 73%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Catch a Star Academy | Tabernash | $321k |
| Next Generation Youth Development Inc | Dawsonville | $321k |
| Missouri Association for College Admission Counseling Inc | Saint Louis | $321k |
| Montessori School of the Finger Lakes | Auburn | $321k |