The American Venous Forum Foundation

Analysis

The American Venous Forum Foundation is a registered charity in United States, based in East Dundee, IL. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The American Venous Forum Foundation reported income of $2.0m and spending of $1.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $579k to $2.0m (+239%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The American Venous Forum Foundation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include A L B a T Program Inc ($2.0m), Southeast Kansas Coordinated Transit Council Inc ($2.0m) and Mile High Workshop Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. At year end it held assets of $3.7m against liabilities of $867k, net assets of $2.8m.