Virginia Forestry Educational Foundation

Analysis

Virginia Forestry Educational Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 1962, 64 years ago. 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 Forestry Educational Foundation reported income of $349k and spending of $398k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $978k to $349k (-64%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Forestry Educational Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Texas Health Occupations Association Inc ($349k), Waste Not Want Not Community Kitchen Inc ($349k) and Tully Free Library ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $9.0m against liabilities of $189, net assets of $9.0m.