Alumni Board of the University of Virginia Endowment Fund

Analysis

Alumni Board of the University of Virginia Endowment Fund is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in March 1944, 82 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Alumni Board of the University of Virginia Endowment Fund reported income of $5.2m and spending of $5.4m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.8m to $5.2m (+38%), an average of +8.4% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alumni Board of the University of Virginia Endowment Fund sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Life and Discovery Inc ($5.2m), Legacy Traditional School-East Tucson ($5.2m) and Kuyper College ($5.2m).

At year end it held assets of $99.9m against liabilities of $4.9m, net assets of $95.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.