V M I Keydet Club
Only null% goes to programs Strong reserves
V M I Keydet Club is a 501(c)(3) organization based in Lexington, Virginia, registered in 1983, with $8,501,922 in FY2024 revenue. CharityIndex grades it B.
Po Box 932, Lexington, VA, 24450 EIN 52-1300039 Since 1983
Revenue (FY2024)
$8.5M
▲ 3.6% vs prior year
Education median: $200K
Expenses (FY2024)
$9.3M
Net assets
$110.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for V M I Keydet Club— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating143 mo reserves · -10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For V M I Keydet Club: 143 mo reserves · -10% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for V M I Keydet Club— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For V M I Keydet Club: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 932, Lexington, VA, 24450
- City
- Lexington
- State
- Virginia
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue grew from $6.2M (FY2013) to $8.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8.0MNet assets $110.9M
Operating margin
-9.8%
Spent more than it raised in the latest fiscal year.
Total assets
$118.9M
Total liabilities
$8.0M
Net assets
$110.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,501,922▲3.6% | $9,337,330▼12.4% | $110,907,433▲6.4% | $118,883,177▲6.3% | 990 |
| 2023 | $8,205,074▼32.2% | $10,654,541▲29.6% | $104,238,895▲6.3% | $111,868,702▲6.1% | 990 |
| 2022 | $12,099,526▲26.7% | $8,223,057▲7.5% | $98,079,590▲10.8% | $105,473,521▲10.5% | 990 |
| 2021 | $9,549,405▲32.9% | $7,652,181▲14.0% | $88,481,572▼3.0% | $95,483,413▼2.5% | 990 |
| 2020 | $7,186,190▼5.8% | $6,713,305▲21.5% | $91,173,758▲31.3% | $97,881,699▲36.6% | 990 |
| 2019 | $7,631,712▲57.9% | $5,525,903▼6.2% | $69,423,194▲1.8% | $71,679,006▲2.2% | 990 |
| 2018 | $4,833,392▼4.1% | $5,892,470▼1.1% | $68,212,137▲2.5% | $70,161,376▲2.7% | 990 |
| 2017 | $5,040,510▼37.9% | $5,958,424▲13.6% | $66,574,781▲4.8% | $68,326,993▼14.6% | 990 |
| 2016 | $8,120,703▼63.3% | $5,245,762▲14.1% | $63,509,575▲16.6% | $79,989,993▲43.1% | 990 |
| 2015 | $22,136,234▲42.6% | $4,596,333▲13.0% | $54,462,185▲46.6% | $55,898,341▲45.9% | 990 |
| 2014 | $15,525,385▲152% | $4,066,530▼21.0% | $37,140,166▲47.4% | $38,309,625▲45.8% | 990 |
| 2013 | $6,152,454 | $5,149,225▲20.7% | $25,191,987▲15.7% | $26,271,363▲15.1% | 990 |
| 2012 | — | $4,265,710▲67.4% | $21,764,233▲23.6% | $22,834,573▲27.8% | 990 |
| 2011 | — | $2,548,724▼28.3% | $17,611,412▲4.7% | $17,860,840▲4.7% | 990 |
| 2010 | — | $3,553,233 | $16,814,934 | $17,055,077 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $3.9M total
66 grants to V M I Keydet Club totaling $3.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Similar organizations in Education
Education
Henrico Education Foundation Incorporated
Henrico, VA
$8.5M
Bannual revenue
Education
Stand Together Fellowship
Arlington, VA
$8.3M
B+annual revenue
Education
The Library of Virginia Foundation
Richmond, VA
$8.7M
Bannual revenue
Education
Sigma Nu Educational Foundation Inc
Lexington, VA
$8.3M
Bannual revenue
- Education
William & Mary Business School Foundation
Williamsburg, VA
$8.8M
C+annual revenue
Education
Westminster School Inc
Annandale, VA
$8.8M
Bannual revenue
Education
Alexandria Country Day School Inc
Alexandria, VA
$8.9M
Bannual revenue
Education
Accreditation Alliance of Career Schools and Colleges
Arlington, VA
$8.0M
Bannual revenue
Education
Access College Foundation
Norfolk, VA
$7.9M
Bannual revenue
- Education
St Catherines School Foundation
Richmond, VA
$7.9M
C+annual revenue
Compare V M I Keydet Club
Frequently asked questions
- Is V M I Keydet Club a legitimate nonprofit?
- Yes. V M I Keydet Club is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1300039, based in Lexington, Virginia. Donations are tax-deductible.
- What is V M I Keydet Club's EIN?
- V M I Keydet Club's Employer Identification Number (EIN) is 52-1300039.
- How much revenue does V M I Keydet Club report?
- V M I Keydet Club reported $8,501,922 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does V M I Keydet Club have?
- CharityIndex grades V M I Keydet Club B, based on financial health (reserves and operating margin).
More nonprofits in Lexington
Explore more
Data for V M I Keydet Club (EIN 52-1300039) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.