Virginia Dermatology Society

Analysis

Virginia Dermatology Society is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 February 2024, Virginia Dermatology Society reported income of $170k and spending of $93k, leaving 45% of income unspent that year. Across the 2 years on record, from February 2023 to February 2024, income grew from $153k to $170k (+11%), an average of +11% a year. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virginia Dermatology Society sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include Wong-Baker Faces Foundation Inc ($170k), Dhit Global ($170k) and Kylecares Inc ($170k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 11% and program service revenue 84% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.