Dairy Foundation of Virginia Inc

Analysis

Dairy Foundation of Virginia Inc is a registered charity in United States, based in Bridgewater, VA. It received its IRS tax-exemption ruling in December 1963, 63 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, Dairy Foundation of Virginia Inc reported income of $57k and spending of $38k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $57k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 241%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dairy Foundation of Virginia Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Tenth Mountain Endowment Fund Inc ($57k), Gto Conferences Inc ($57k) and Friends of the Marion Public Library ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $524k against liabilities of $48k, net assets of $475k.