Virtual Center for Velo-Cardio-Facial Syndrome Inc

Analysis

Virtual Center for Velo-Cardio-Facial Syndrome Inc is a registered charity in United States, based in Manlius, NY. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Virtual Center for Velo-Cardio-Facial Syndrome Inc reported income of $219k and spending of $198k, spending 90% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $216k to $219k (+1.4%), an average of +0.7% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virtual Center for Velo-Cardio-Facial Syndrome Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Southwest Institute for Families and Children with Special Needs ($219k), Club 521 Inc ($219k) and Marengo Memorial Hospital Foundation ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $241k against liabilities of $3,903, net assets of $237k.