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Virginia · Nonprofit

HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC

HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC (Virginia) receives grants from 1 organization whose IRS filings report $340,120 to it, the largest being Virginia Health Care Foundation ($340,120). 1 of them have funded it in more than one year.

Revenue FY2024
$1.2M
Funders on record
1
Grants received
$340k
Net assets
$2.0M
1/1 repeat funderspeak grant-dependency 71%
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($165k) Expenses 100 ($192k) Net assets 100 ($1.4M)2018 Revenue 131 ($216k) Expenses 51 ($97k) Net assets 124 ($1.7M)2019 Revenue 118 ($195k) Expenses 106 ($204k) Net assets 138 ($1.9M)2020 Revenue 52 ($86k) Expenses 43 ($83k) Net assets 145 ($2.0M)2021 Revenue 52 ($85k) Expenses 40 ($77k) Net assets 144 ($2.0M)2022 Revenue 46 ($76k) Expenses 39 ($74k) Net assets 137 ($1.9M)2023 Revenue 214 ($352k) Expenses 42 ($80k) Net assets 135 ($1.9M)2024 Revenue 711 ($1.2M) Expenses 59 ($114k) Net assets 142 ($2.0M)
'17'18'19'20'21'22'23'24
Revenue (711)Expenses (59)Net assets (142)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

93% of HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (90% for the typical peer).

This organization
Typical peer · 2,725 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$27k
’17
$119k
’18
−$9k
’19
$4k
’20
$8k
’21
$2k
’22
$272k
’23
$1.1M
’24
233
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $54k → $59k.

Funder
'17
'18
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
1

From the IRS filings of HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC’s funders (the co-funder graph). Association, not causation.

Where its funders are

100% of HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC's grant income comes from Virginia funders.

VA

In-state vs out-of-state, by year

’17
’18
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Against its field

HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC holds deeper cash reserves than three-quarters of the 2,384 religion nonprofits its size.

Operating margin90% · outside the comparable range
Months of reserve232.6mo · top quartile
Revenue growth (annualized)32% · top quartile

this organization peer median middle 50% of peers· 2,384 religion nonprofits $1M–$10M, FY2024

Organizations like HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
25%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

76%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 68 related entities

  • Sentara Health · exempt
  • Clarksville Senior Care LLC · exempt
  • Halifax Regional Hospital Inc · exempt
  • Halifax Regional Long Term Care Inc · exempt
  • Sentara Halifax Regional Properties Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC?
HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC (Virginia) receives grants from 1 organization whose IRS filings report $340,120 to it, the largest being Virginia Health Care Foundation ($340,120). 1 of them have funded it in more than one year.
How many funders does HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC have?
IRS filings report 1 organization giving $340,120 in grants to HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC?
Virginia Health Care Foundation is the largest funder on record, with $340,120 in grants. The full list of funders is on this page.
How can an organization like HALIFAX REGIONAL DEVELOPMENT FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing