Virginia Housing Alliance
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Virginia Housing Alliance is a 501(c)(3) organization based in Richmond, Virginia, registered in 1990, with $1,227,176 in FY2024 revenue. CharityIndex grades it B.
2800 Patterson Ave Ste 302, Richmond, VA, 23221 EIN 54-1542730 Since 1990
Revenue (FY2024)
$1.2M
▲ 38.2% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$610K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Virginia Housing Alliance— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +3% 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 Virginia Housing Alliance: 6 mo reserves · +3% margin earns a A 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 Virginia Housing Alliance— 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 Virginia Housing Alliance: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $91K (FY2009) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $344KNet assets $610K
Operating margin
3.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$954K
Total liabilities
$344K
Net assets
$610K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,227,176▲38.2% | $1,188,041▲42.5% | $609,587▲6.9% | $953,827▼1.7% | 990 |
| 2023 | $887,991▲16.3% | $833,720▲46.7% | $570,452▲10.5% | $969,947▲81.3% | 990 |
| 2022 | $763,327▲7.5% | $568,132▲10.5% | $516,181▲60.8% | $535,115▲53.0% | 990 |
| 2021 | $710,155▲1.3% | $513,999▼19.5% | $320,986▲157% | $349,752▲71.2% | 990 |
| 2020 | $701,044▲12.1% | $638,501▲4.6% | $124,830▲104% | $204,274▲126% | 990 |
| 2019 | $625,504▼17.0% | $610,365▼30.9% | $61,236▲32.8% | $90,305▼33.9% | 990 |
| 2018 | $753,684▼1.9% | $883,169▲20.1% | $46,097▼73.7% | $136,544▼22.0% | 990 |
| 2017 | $768,260▲32.8% | $735,544▲28.1% | $175,582▲22.9% | $174,991▲21.2% | 990 |
| 2016 | $578,649▲40.1% | $574,163▲38.4% | $142,866▲19.5% | $144,393▲20.8% | 990 |
| 2014 | $412,996▼2.2% | $414,771▼2.7% | $119,504▼1.5% | $119,523▼6.5% | 990 |
| 2013 | $422,145 | $426,190▲24.6% | $121,280▼3.2% | $127,859▼3.5% | 990 |
| 2012 | — | $341,972▲18.8% | $125,325▲86.8% | $132,429▲47.6% | 990 |
| 2011 | — | $287,916▲212% | $67,101▲230% | $89,696▲341% | 990 |
| 2009 | $91,086 | $92,371 | $20,358 | $20,358 | 990EZ |
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 · $726K total
15 grants to Virginia Housing Alliance totaling $726K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation Inc | Economic prosperity | 2024 | $75,000 |
| The Pauley Family Foundation | General operations | 2024 | $25,000 |
| Enterprise Community Partners Inc | Capacity building | 2023 | $85,000 |
| The Community Foundation Inc | Economic prosperity | 2023 | $50,750 |
| The Community Foundation Inc | Economic prosperity | 2022 | $40,000 |
| The Community Foundation Inc | General purposes | 2021 | $25,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2020 | $75,000 |
| United States Energy Foundation | To promote education and analysis on the benefits of energy efficient buildings. | 2020 | $50,000 |
| The Community Foundation Inc | General operating support. | 2020 | $25,000 |
| The Energy Foundation | To promote education and analysis on the benefits of energy efficient buildings | 2019 | $62,000 |
| The Energy Foundation | To promote education and analysis on the benefits of energy efficient buildings. | 2018 | $62,000 |
| The Community Foundation Inc | Program support | 2017 | $7,500 |
| The Energy Foundation | To promote education and analysis on the benefits of energy efficient buildings | 2016 | $62,000 |
| The Energy Foundation | To promote energy-efficient multifamily housing | 2015 | $62,400 |
| Greater Washington Community Foundation | General support building | 2015 | $19,000 |
Frequently asked questions
- Is Virginia Housing Alliance a legitimate nonprofit?
- Yes. Virginia Housing Alliance is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1542730, based in Richmond, Virginia. Donations are tax-deductible.
- What is Virginia Housing Alliance's EIN?
- Virginia Housing Alliance's Employer Identification Number (EIN) is 54-1542730.
- How much revenue does Virginia Housing Alliance report?
- Virginia Housing Alliance reported $1,227,176 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Virginia Housing Alliance have?
- CharityIndex grades Virginia Housing Alliance B, based on financial health (reserves and operating margin).
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Explore more
Data for Virginia Housing Alliance (EIN 54-1542730) 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.