University of Virginia Darden School Foundation

Analysis

University of Virginia Darden School Foundation is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, University of Virginia Darden School Foundation reported income of $100.8m and spending of $79.8m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $124.1m to $100.8m (-19%), an average of -5.1% a year. The sharpest change came in the year to June 2020, when income dropped by 39%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Virginia Darden School Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Charles Drew University of Medicine & Science ($100.6m), Granada Hills Charter ($101.0m) and Alabama Nursing Home Association Education Foundation ($100.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $2.4m (3.0% of expenses). Other salaries and wages came to $13.4m. At year end it held assets of $777.4m against liabilities of $139.7m, net assets of $637.6m. It reported 87 employees.