Education
(B42J)
IRS Verified
DX Registered
990 on File
VIRGINIA FOUNDATION FOR INDEPENDENT COLLEGES
Financial strength (30%)
87/100
Reliability (20%)
70/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the Virginia Foundation for Independent Colleges is to advance the distinctive values and strengths of its fifteen smaller enrollment, primarily residential Virginia member colleges. We do this by securing financial support from the private sector, increasing visibility, facilitating innovative and collaborative initiatives among the colleges, and supporting initiatives which ensure that this personalized educational experience remains an affordable choice for tomorrow's citizen-leaders.
Financial Overview — FY 2025
N/A
Total Revenue
N/A
Total Expenses
N/A
Net Assets
5
Employees
Program Expense Ratio
N/A
Fundraising Efficiency
0.0%
Operating Reserve
N/A
Liability-to-Asset
0.0%
Revenue Diversification
N/A
Compared with Peers
FY 2025
Compared with 5,743 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 64.2% |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 21.0% |
P10P90
|
Top quarter |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | N/A | N/A | N/A | — | 5 |
| 2024 | N/A | N/A | N/A | — | 5 |
| 2023 | $2.3M | $3.5M | $37.7M | 75.5% | 5 |
| 2022 | $1.5M | $3.3M | $37.4M | 74.4% | 5 |
| 2021 | $2.5M | $3.2M | N/A | — | 5 |
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