Vatv

Analysis

Vatv is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Vatv reported income of $77k and spending of $64k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $77k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vatv sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Cowboy Hall of Fame Affiliated Fund Inc ($77k), LA Casa de LA Plena Tito Matos Inc ($77k) and Twin Cities Regional Science Fairs ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.