Vine Faith in Action

Analysis

Vine Faith in Action is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Vine Faith in Action reported income of $3.3m and spending of $3.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.3m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vine Faith in Action sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Mi Centro ($3.3m), Community Therapy Barn ($3.3m) and Wesleyan Homes Foundation ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $118k (3.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $9.6m against liabilities of $4.5m, net assets of $5.0m. It reported 64 employees.