Vesta Forest Inc

Analysis

Vesta Forest Inc is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Vesta Forest Inc reported income of $88k and spending of $80k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $67k to $88k (+31%), an average of +7.0% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vesta Forest Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within MD. Charities of a similar size with the same main cause include Ferriday Place II Inc ($88k), Mother Teresa House Inc ($88k) and NVCSS Whispering Oaks Inc ($88k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $4,356. At year end it held assets of $795k against liabilities of $1.0m, net assets of -$250k.