We Are VB

Analysis

We Are VB is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in February 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 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, We Are VB reported income of $51k and spending of $54k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $51k (+8.6%), an average of +8.6% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, We Are VB sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Nu Beta Foundation Inc ($51k), Clear Lake Public Library Foundation ($51k) and PTA Texas Congress ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.