Vanderheyden Hall Inc

Analysis

Vanderheyden Hall Inc is a registered charity in United States, based in Wynantskill, NY. It received its IRS tax-exemption ruling in April 1965, 61 years ago. 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 June 2023, Vanderheyden Hall Inc reported income of $27.4m and spending of $27.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.3m to $27.4m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vanderheyden Hall Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include The American Ireland Fund ($27.3m), Goodwill Industries of Akron Inc ($27.4m) and Lancer Educational Housingcorporation ($27.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $740k (2.7% of expenses). Other salaries and wages came to $16.9m. At year end it held assets of $12.7m against liabilities of $9.2m, net assets of $3.5m. It reported 403 employees.