Central Virginia Battlefields Trust Inc

Analysis

Central Virginia Battlefields Trust Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Central Virginia Battlefields Trust Inc reported income of $261k and spending of $360k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $261k (+112%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 388%. Over the whole period it spent 154% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Central Virginia Battlefields Trust Inc 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 59th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Research on Armenian Architecture USA ($261k), Lakeland Foundation ($261k) and National Society of the Daughters of the American Revolution ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $69k (19% of expenses). Other salaries and wages came to $49k. At year end it held assets of $9.0m against liabilities of $518k, net assets of $8.5m. It reported 2 employees.