Vera Bradley Foundation for Breast Cancer

Analysis

Vera Bradley Foundation for Breast Cancer is a registered charity in United States, based in Roanoke, IN. It received its IRS tax-exemption ruling in December 1998, 28 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 January 2024, Vera Bradley Foundation for Breast Cancer reported income of $2.1m and spending of $2.1m, spending 101% of its income. Across the 6 years on record, from October 2019 to January 2024, income fell from $2.4m to $2.1m (-14%), an average of -3.0% a year. The sharpest change came in the year to January 2024, when income rose by 519%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vera Bradley Foundation for Breast Cancer sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Yeshivas Dvar Torah Inc ($2.1m), United Way of Chester County ($2.1m) and Chicago Bulls Charities ($2.1m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $388k. At year end it held assets of $885k against liabilities of $168k, net assets of $717k.