Vasculitis Foundation

Analysis

Vasculitis Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in November 1990, 36 years ago. 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 June 2024, Vasculitis Foundation reported income of $3.0m and spending of $2.1m, leaving 29% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $3.0m (+109%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 107%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vasculitis Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Rural Human Services ($3.0m), O Dea High School Foundation ($3.0m) and Boy Scouts of America ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $130k (6.2% of expenses). Other salaries and wages came to $416k. At year end it held assets of $5.6m against liabilities of $54k, net assets of $5.5m. It reported 8 employees.