Vital Life - a Marquis and Consonus Foundation

Analysis

Vital Life - a Marquis and Consonus Foundation is a registered charity in United States, based in Milwaukie, OR. It received its IRS tax-exemption ruling in May 2010, 16 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, Vital Life - a Marquis and Consonus Foundation reported income of $838k and spending of $716k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $838k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vital Life - a Marquis and Consonus Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Vineyard Power Development Fund Inc ($838k), Community Chest of Port Washington Inc ($839k) and United Way of Ashland County Ohio Inc ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $13k, net assets of $1.9m.