Venango V N a Foundation

Analysis

Venango V N a Foundation is a registered charity in United States, based in Franklin, PA. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Venango V N a Foundation reported income of $545k and spending of $690k, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $545k (-59%), an average of -20% a year. The sharpest change came in the year to June 2021, when income rose by 201%. Over the whole period it spent 55% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Venango V N a Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Naral Pro-Choice Arizona Foundation ($545k), Vaughan Memorial Foundation Inc ($545k) and Genesis Pregnancy Care Center ($545k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 10% of the total. At year end it held assets of $14.2m against liabilities of $66k, net assets of $14.1m.