Virtual Properties

Analysis

Virtual Properties is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Virtual Properties reported income of $522k and spending of $205k, leaving 61% of income unspent that year. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virtual Properties sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Boulder Public Library Foundation Inc ($522k), Medtechwomen ($522k) and Yoga Behind Bars ($522k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $7.0m against liabilities of $7.4m, net assets of -$352k.