Vfa Inc

Analysis

Vfa Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vfa Inc reported income of $51k and spending of $58k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $55k to $51k (-6.1%), an average of -6.1% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vfa Inc 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 23rd percentile within FL. Charities of a similar size with the same main cause include Seattle Childrens Hospital ($51k), Good Samaritan Hospital Auxiliary ($51k) and Iowa National Guard Memorial Assn ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $7,180 against liabilities of $0, net assets of $7,180.