Vidar Affiliation Corporation

Analysis

Vidar Affiliation Corporation is a registered charity in United States, based in Langhorne, PA. It received its IRS tax-exemption ruling in February 2015, 11 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 June 2023, Vidar Affiliation Corporation reported income of $309k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $125k to $309k (+147%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 1548%. Over the whole period it spent 0.0% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vidar Affiliation Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Atlantic Community School Foundation ($309k), Monterey Collegiate Foundation ($310k) and United Way of Humphreys County ($309k).

At year end it held assets of $11.3m against liabilities of $0, net assets of $11.3m.