Vergilian Society Inc
Analysis
Vergilian Society Inc is a registered charity in United States, based in Piedmont, CA. It received its IRS tax-exemption ruling in February 1954, 72 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Vergilian Society Inc reported income of $362k and spending of $347k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $377k to $362k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to September 2021, when income rose by 67%. Over the whole period it spent 92% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vergilian Society Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Houston Childrens Chorus Inc ($362k), Live Learn Innovate Foundation ($362k) and Windsync ($362k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 67% of the total. Other salaries and wages came to $54k. At year end it held assets of $976k against liabilities of $78k, net assets of $899k.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 67%
- Other 7.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Houston Childrens Chorus Inc | Houston | $362k |
| Live Learn Innovate Foundation | Raleigh | $362k |
| Windsync | Houston | $362k |
| Lanesville Heritage Weekend Inc | Lanesville | $362k |