Vyo-Usa Inc

Analysis

Vyo-Usa Inc is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Vyo-Usa Inc reported income of $783k and spending of $570k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $457k to $783k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 677%. Over the whole period it spent 53% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vyo-Usa Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Kingdom Builder Ministries Inc ($783k), Multimedia Theological Training ($784k) and Battlefield Ministries Inc ($783k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $7,928. At year end it held assets of $5.6m against liabilities of $2.6m, net assets of $3.0m.