Vilcap Inc

Analysis

Vilcap Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Vilcap Inc reported income of $9.2m and spending of $9.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $9.2m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vilcap Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Autism Center of Nebraska Inc ($9.2m), Coalition for the Homeless of Central Florida Inc ($9.2m) and PTSD Foundation of America ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $431k (4.8% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $7.6m against liabilities of $4.9m, net assets of $2.7m. It reported 30 employees.