Vdare Foundation

Analysis

Vdare Foundation is a registered charity in United States, based in Berkeley SPGS, WV. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Vdare Foundation reported income of $764k and spending of $1.5m, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.3m to $764k (-82%), an average of -35% a year. The sharpest change came in the year to December 2020, when income dropped by 85%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vdare Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within WV. Charities of a similar size with the same main cause include Mississippi Center for Public Policy ($763k), Aaaa Scholarship Foundation Inc ($764k) and MHC Academic Foundation ($763k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $31k (2.0% of expenses). Other salaries and wages came to $3,120. At year end it held assets of $1.2m against liabilities of $26k, net assets of $1.2m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.