Fatherhood Foundation of Virginia

Analysis

Fatherhood Foundation of Virginia is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Fatherhood Foundation of Virginia reported income of $324k and spending of $323k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $324k (+24%), an average of +5.5% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fatherhood Foundation of Virginia sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Womens Care Center Duluth Inc ($324k), At Home in Greenwich Inc ($324k) and Texas Oilfield Angels ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $111k (34% of expenses). At year end it held assets of $164k against liabilities of $0, net assets of $164k. It reported 1 employees.