Vernacular Video Mission International Inc

Analysis

Vernacular Video Mission International Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vernacular Video Mission International Inc reported income of $181k and spending of $174k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $190k to $181k (-4.9%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vernacular Video Mission International Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include West Antelope Valley Educational Foundation Inc ($181k), Beaver Run Foundation ($181k) and Spartan Athletic Club ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (34% of expenses). At year end it held assets of $39k against liabilities of $308, net assets of $39k. It reported 1 employees.