Education
(B30)
990 on File
VIRGINIA TECHNICAL INSTITUTE
Financial strength (30%)
83/100
Reliability (20%)
50/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$765K
Total Revenue
$859K
Total Expenses
$3.0M
Net Assets
34
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
75.7%
Fundraising Efficiency
N/A
Operating Reserve
41.60x
Liability-to-Asset
1.7%
Revenue Diversification
94.9%
Compared with Peers
FY 2024
Compared with 15,968 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
75.7% | 89.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
24.3% | 8.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
41.6 mo | 9.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.7% | 0.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.9% | 89.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-4.1% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.2% | 9.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-12.2% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $765K | $859K | $3.0M | 75.7% | 34 |
| 2023 | $798K | $824K | $3.1M | 74.7% | 33 |
| 2022 | $814K | $802K | N/A | — | 32 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.