Vera French Foundation

Analysis

Vera French Foundation is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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, Vera French Foundation reported income of $689k and spending of $885k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $330k to $689k (+109%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 158%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vera French Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within IA. Charities of a similar size with the same main cause include House of Umoja Inc ($689k), Manufacturers Assistance Group ($689k) and Rock River Center Inc ($689k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $108k (12% of expenses). Other salaries and wages came to $7,836. At year end it held assets of $1.9m against liabilities of $66k, net assets of $1.8m. It reported 1 employees.