Wvma Educational Fund Inc

Analysis

Wvma Educational Fund Inc is a registered charity in United States, based in Buckhannon, WV. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Wvma Educational Fund Inc reported income of $266k and spending of $235k, spending 88% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $256k to $266k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2023, when income rose by 100%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wvma Educational Fund Inc 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 59th percentile, and in the 58th percentile within WV. Charities of a similar size with the same main cause include Community School Collaborative ($266k), Appraisal Institute Education and Relief Foundation ($266k) and 97 Percent Org Inc ($266k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $87k. At year end it held assets of $143k against liabilities of $51k, net assets of $92k.