Viaquest Foundation

Analysis

Viaquest Foundation is a registered charity in United States, based in Dublin, OH. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2021, Viaquest Foundation reported income of $568k and spending of $628k, spending 111% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $834k to $568k (-32%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 41%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Viaquest Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Wsia Diversity Foundation ($567k), Impact Grants Chicago ($568k) and Homeward Bound Animal Welfare Group Inc ($567k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $58k (9.3% of expenses). Other salaries and wages came to $430k. At year end it held assets of $396k against liabilities of $223k, net assets of $172k. It reported 500 employees.