Edward Via Virginia College of Osteopathic Medicine

Analysis

Edward Via Virginia College of Osteopathic Medicine is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Edward Via Virginia College of Osteopathic Medicine reported income of $254.8m and spending of $241.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $207.0m to $254.8m (+23%), an average of +5.3% a year. 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, Edward Via Virginia College of Osteopathic Medicine sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include St Olaf College ($251.6m), Inter American University of Puerto Rico ($255.5m) and United Negro College Fund Inc ($250.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $2.7m (1.1% of expenses). Other salaries and wages came to $53.4m. At year end it held assets of $228.3m against liabilities of $83.7m, net assets of $144.6m. It reported 714 employees.