Vennevoll Inc

Analysis

Vennevoll Inc is a registered charity in United States, based in Stoughton, WI. It received its IRS tax-exemption ruling in April 1988, 38 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 December 2023, Vennevoll Inc reported income of $2.2m and spending of $1.2m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $2.2m (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income rose by 1018%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vennevoll Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include Coro Southern California Inc ($2.2m), Williamsburg Soccer Club ($2.2m) and Hawfields Presbyterian Child Care & Development Center Incorporated ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 39% of the total. At year end it held assets of $20.2m against liabilities of $18.0m, net assets of $2.2m.