Vestavia Hills Parent Organization Inc
Analysis
Vestavia Hills Parent Organization Inc is a registered charity in United States, based in Vestavia HLS, AL. It received its IRS tax-exemption ruling in March 2009, 17 years ago. 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 June 2024, Vestavia Hills Parent Organization Inc reported income of $159k and spending of $139k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $221k to $159k (-28%), an average of -28% a year. The sharpest change came in the year to June 2024, when income dropped by 28%. Over the whole period it spent 130% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vestavia Hills Parent Organization Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within AL. Charities of a similar size with the same main cause include Residential Assistance to Families in Transition ($159k), Deep River Historical Society Incorporated ($159k) and International Progressive Hispanic Chamber of Commerce ($159k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 2.8% of the total. At year end it held assets of $22k against liabilities of $4,799, net assets of $18k.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 2.8%
- Other 57%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Residential Assistance to Families in Transition | Kearney | $159k |
| Deep River Historical Society Incorporated | Deep River | $159k |
| International Progressive Hispanic Chamber of Commerce | Aurora | $159k |
| Glenwood Park Trust | Middleburg | $159k |