West Virginians for Life Inc Educational Trust Fund
Analysis
West Virginians for Life Inc Educational Trust Fund is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in March 1990, 36 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, West Virginians for Life Inc Educational Trust Fund reported income of $77k and spending of $137k, spending 178% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $366k to $77k (-79%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 54% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Virginians for Life Inc Educational Trust Fund sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within WV. Charities of a similar size with the same main cause include Agape Ukraine Inc ($77k), Granville Ohio Historical Society ($77k) and Magnificent Mile Charitable Foundation ($77k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 28% of the total. At year end it held assets of $254k against liabilities of $72k, net assets of $182k.
Income and spending
Where the income comes from
- Contributions & grants 35%
- Program services 28%
- Other 37%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Agape Ukraine Inc | Broken Arrow | $77k |
| Granville Ohio Historical Society | Granville | $77k |
| Magnificent Mile Charitable Foundation | Chicago | $77k |
| Kanawaha Valley of Old Time Music and Dance | Charleston | $77k |