Vickery Meadow Youth Development Foundation

Analysis

Vickery Meadow Youth Development Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Vickery Meadow Youth Development Foundation reported income of $1.9m and spending of $1.6m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $1.9m (+831%), an average of +75% a year. The sharpest change came in the year to December 2020, when income rose by 528%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vickery Meadow Youth Development Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Light Foundation ($1.9m), Lehigh Carbon Community College Foundation ($1.9m) and Rochester Area Community Foundation Initiatives Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $296k (19% of expenses). Other salaries and wages came to $144k. At year end it held assets of $6.5m against liabilities of $2.7m, net assets of $3.8m. It reported 15 employees.