Ratio of fund-raising expenses to contributions to be included in registration statement

Va. Code Ann. § 57-58
in effect
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Each charitable organization shall, as a part of its registration statement, compute the percentage that its fund-raising expenses for its preceding fiscal year bore to its support received directly from the public during such year. Each federated fund-raising organization shall clearly disclose on any registration the percentage that is withheld from a donation designated for a member agency. 1974, c. 574; 2003, c. 810 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/57-58/Fetched: 10/16/2026

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