Foundation for Venous & Lymphatic Disease

Analysis

Foundation for Venous & Lymphatic Disease is a registered charity in United States, based in Glen Ellyn, IL. It received its IRS tax-exemption ruling in August 2022, 4 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 June 2020, Foundation for Venous & Lymphatic Disease reported income of $99k and spending of $1.1m, spending 1067% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $3.8m to $99k (-97%), an average of -97% a year. The sharpest change came in the year to June 2020, when income dropped by 97%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for Venous & Lymphatic Disease sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Abundant Life Christian Ministry ($99k), Stephenson Public Library Foundation Inc ($99k) and Friends of Oshkosh Parks Inc ($99k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 82% of the total. It paid $152k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $125k, net assets of $1.5m.