VVMC Diversified Services

Analysis

VVMC Diversified Services is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in October 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, VVMC Diversified Services reported income of $9.8m and spending of $10.7m, spending 108% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $10.1m to $9.8m (-2.4%), an average of -0.6% a year. The sharpest change came in the year to October 2022, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, VVMC Diversified Services sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Georgia Harm Reduction Coalition Inc ($9.8m), International Society of Magnetic Resonance in Medicine ($9.8m) and Hardeman County Community Health Center ($9.8m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $714k against liabilities of $763k, net assets of -$49k.