Vcysa Inc

Analysis

Vcysa Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Vcysa Inc reported income of $387k and spending of $283k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $387k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vcysa Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include USA Softball of Virginia Inc ($387k), El Dorado High School Band Boosters Inc ($387k) and Wissahickon Acquatic Club ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $66k. At year end it held assets of $1.4m against liabilities of $1,586, net assets of $1.4m. It reported 5 employees.