Vital Connections of the Midlands Inc

Analysis

Vital Connections of the Midlands Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vital Connections of the Midlands Inc reported income of $2.4m and spending of $2.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.4m (+35%), an average of +7.8% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vital Connections of the Midlands Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within SC. Charities of a similar size with the same main cause include Vineyard Family Services of Central Alabama Inc ($2.4m), Gig Harbor Peninsula Fish ($2.4m) and NRB Network Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $90k (3.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.5m against liabilities of $220k, net assets of $1.2m. It reported 58 employees.