Fund for the Virginia Organizing Project Inc

Analysis

Fund for the Virginia Organizing Project Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in June 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 December 2023, Fund for the Virginia Organizing Project Inc reported income of $488k and spending of $29k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $488k (+1248%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 747%. Over the whole period it spent 20% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fund for the Virginia Organizing Project Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Third Ladder ($488k), Mustique Charitable Foundation ($488k) and Henry Mize Charitable Foundation Inc ($488k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $2.1m against liabilities of $220k, net assets of $1.8m.