Virginia Interfaith Power & Light

Analysis

Virginia Interfaith Power & Light is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Virginia Interfaith Power & Light reported income of $661k and spending of $525k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $658k to $661k (+0.5%), an average of +0.5% a year. Over the whole period it spent 75% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Virginia Interfaith Power & Light sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Dungeness River Nature Center ($660k), Keweenaw Land Trust Inc ($662k) and Charleston Waterkeeper ($659k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $76k (14% of expenses). Other salaries and wages came to $206k. At year end it held assets of $1.0m against liabilities of $546, net assets of $1.0m. It reported 14 employees.