Virginia National Guard Management Group Inc

Analysis

Virginia National Guard Management Group Inc is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virginia National Guard Management Group Inc reported income of $108k and spending of $94k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $177k to $108k (-39%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia National Guard Management Group Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include Chandler Symphony Orchestra ($108k), Easthampton Little League Inc ($108k) and Livingston First Aid Squad Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $20k (21% of expenses). At year end it held assets of $31k against liabilities of $0, net assets of $31k.