Osher Lifelong Learning Institute at Uva

Analysis

Osher Lifelong Learning Institute at Uva is a registered charity in United States, based in Charlottesville, VA. It received its IRS tax-exemption ruling in May 2001, 25 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 2023, Osher Lifelong Learning Institute at Uva reported income of $651k and spending of $562k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $530k to $651k (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Osher Lifelong Learning Institute at Uva sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include California Hispanic Chambers of Commerce Foundation ($651k), Restorative Justice Education ($651k) and Greater Torrington Family Development Center Inc ($651k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $135k (24% of expenses). Other salaries and wages came to $96k. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.