Educational Media Company at Virginia Tech Inc

Analysis

Educational Media Company at Virginia Tech Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Educational Media Company at Virginia Tech Inc reported income of $339k and spending of $293k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $284k to $339k (+19%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Media Company at Virginia Tech Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Shabbat House Project ($339k), Weird Enough Company ($339k) and Sunnybeam School of Mercer Island ($339k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $15k (5.1% of expenses). Other salaries and wages came to $18k. At year end it held assets of $396k against liabilities of $0, net assets of $396k. It reported 8 employees.