Vail Valley Cares Inc

Analysis

Vail Valley Cares Inc is a registered charity in United States, based in Edwards, CO. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vail Valley Cares Inc reported income of $6.2m and spending of $5.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $6.2m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vail Valley Cares Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Wisconsin Alliance for Infant Mental Health Inc ($6.2m), Heartland Industries of Dawson Inc ($6.2m) and United States Catholic Conference ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $130k (2.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.4m against liabilities of $178k, net assets of $4.2m. It reported 50 employees.