Vincera Foundation

Analysis

Vincera Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover medical research, 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, Vincera Foundation reported income of $136k and spending of $103k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $136k (+1.8%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 148%. Over the whole period it spent 146% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vincera Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Salix Fire Department ($136k), Royal Terrace Inc ($136k) and Parasites Without Borders Inc ($136k).

Compensation of current officers, directors and key employees was $60k (58% of expenses). At year end it held assets of $92k against liabilities of $0, net assets of $92k. It reported 1 employees.