James River High School

Analysis

James River High School is a registered charity in United States, based in Buchanan, VA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, James River High School reported income of $94k and spending of $75k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,755 to $94k (+1538%), an average of +1538% a year. The sharpest change came in the year to December 2023, when income rose by 1538%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, James River High School sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Hoosier Boys State Inc ($94k), Bay County Youth Soccer Association Inc ($94k) and Hoffman Estates Athletics Assoc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.