Virginia Garcia Memorial Foundation

Analysis

Virginia Garcia Memorial Foundation is a registered charity in United States, based in Aloha, OR. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Virginia Garcia Memorial Foundation reported income of $6.3m and spending of $3.3m, leaving 48% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.4m to $6.3m (+157%), an average of +27% a year. The sharpest change came in the year to March 2021, when income rose by 75%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virginia Garcia Memorial Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Ucm Home Care ($6.3m), Emanate Health Foundation ($6.3m) and Tidewell Foundation Inc ($6.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $13.5m against liabilities of $588k, net assets of $12.9m.