West Virginia Independent Colleges and Universities Inc

Analysis

West Virginia Independent Colleges and Universities Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in October 1953, 73 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 December 2023, West Virginia Independent Colleges and Universities Inc reported income of $443k and spending of $556k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $760k to $443k (-42%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Virginia Independent Colleges and Universities Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WV. Charities of a similar size with the same main cause include Hiland Hall School ($443k), American Society of Evidence Based Policing ($443k) and Appalachian TMC Regional Mountain Campus Council Inc ($442k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 33% of the total. At year end it held assets of $3.3m against liabilities of $2.1m, net assets of $1.2m.