Vesper Management Corporation

Analysis

Vesper Management Corporation is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in August 1963, 63 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Vesper Management Corporation reported income of $188k and spending of $188k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $265k to $188k (-29%), an average of -11% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vesper Management Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include South Dakota Coalition Ending Domestic and Sexual Violence ($188k), Southeast Montana Area Revitalization Team Inc ($188k) and Southern Tier Traveling Teacher Inc ($188k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9.8m against liabilities of $0, net assets of $9.8m.