Virginia Independent Schools Athletic Association

Analysis

Virginia Independent Schools Athletic Association is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Virginia Independent Schools Athletic Association reported income of $533k and spending of $460k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $394k to $533k (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 149%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Virginia Independent Schools Athletic Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Journeymen Wrestling Club Ltd ($533k), Morton Foundation ($534k) and Central Jersey Rebels Baseball ($533k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $147k (32% of expenses). At year end it held assets of $792k against liabilities of $0, net assets of $792k. It reported 5 employees.