Vitalhearts

Analysis

Vitalhearts is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in February 2008, 18 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, Vitalhearts reported income of $324k and spending of $272k, spending 84% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $57k to $324k (+466%), an average of +138% a year. The sharpest change came in the year to December 2022, when income rose by 345%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vitalhearts sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Oakdale School Foundation Inc ($324k), Opportunity for All Kids Foundation ($324k) and Upper Valley Christian School ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $66k (24% of expenses). Other salaries and wages came to $38k. At year end it held assets of $129k against liabilities of $31k, net assets of $98k. It reported 3 employees.