Vine Neighborhood Association

Analysis

Vine Neighborhood Association is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in March 1992, 34 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 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 May 2023, Vine Neighborhood Association reported income of $284k and spending of $292k, spending 103% of its income. Across the 6 years on record, from May 2018 to May 2023, income grew from $257k to $284k (+11%), an average of +2.1% a year. The sharpest change came in the year to May 2020, when income rose by 68%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vine Neighborhood Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include First Call for Help of Ellis County Inc ($284k), Pittsburgh Metropolitan Area Hispanic Chamber of Commerce Found ($285k) and Birmingham Community Coalition Inc ($284k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $64k (22% of expenses). Other salaries and wages came to $43k. At year end it held assets of $1.0m against liabilities of $143k, net assets of $858k. It reported 2 employees.