Tom Vanderpol Memorial Fund Inc

Analysis

Tom Vanderpol Memorial Fund Inc is a registered charity in United States, based in Harrison, SD. It received its IRS tax-exemption ruling in January 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tom Vanderpol Memorial Fund Inc reported income of $176k and spending of $262k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $176k (+54%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 405%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tom Vanderpol Memorial Fund Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within SD. Charities of a similar size with the same main cause include Military Officers Benevolent Corporation ($176k), Poised for Success ($176k) and Friends of St Malachy Incorporated ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $303k against liabilities of $0, net assets of $303k.