Vascular Birthmarks Foundation Inc

Analysis

Vascular Birthmarks Foundation Inc is a registered charity in United States, based in Latham, NY. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Vascular Birthmarks Foundation Inc reported income of $602k and spending of $590k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $602k (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vascular Birthmarks Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Joint Committee for Childrens Health Care in Everett ($602k), Hoquiam Food and Clothing Bank ($602k) and Epilepsy Advocacy Network ($602k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $99k (17% of expenses). Other salaries and wages came to $206k. At year end it held assets of $1.1m against liabilities of $10k, net assets of $1.1m. It reported 6 employees.