Viecare Inc

Analysis

Viecare Inc is a registered charity in United States, based in Mars, PA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover health care, 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 June 2023, Viecare Inc reported income of $669k and spending of $1.4m, spending 208% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $669k (-85%), an average of -38% a year. The sharpest change came in the year to June 2022, when income dropped by 83%. Over the whole period it spent 31% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Viecare Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Interventional Orthopedics Foundation ($669k), Redcliff Discovery Oxbow Foundation ($669k) and Iowa City Va Medical Research Foundation ($669k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 207% of the total. Other salaries and wages came to $991k. At year end it held assets of $26.0m against liabilities of $3.8m, net assets of $22.2m. It reported 21 employees.