Virginia Service Foundation

Analysis

Virginia Service Foundation is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Virginia Service Foundation reported income of $409k and spending of $511k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $409k (+702%), an average of +702% a year. The sharpest change came in the year to December 2023, when income rose by 702%. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Virginia Service Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Mindful Heart Organization Inc ($409k), Care Center of Jackson Inc ($410k) and Syracuse Grows ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. At year end it held assets of $21k against liabilities of $75k, net assets of -$54k.