Virtu

Analysis

Virtu is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, Virtu reported income of $279k and spending of $289k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $280k to $279k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Virtu sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Kibale Uganda Development Union Inc ($279k), Helping Honduras Kids ($279k) and Tia Foundation Inc ($279k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.