VSK Foundation

Analysis

VSK Foundation is a registered charity in United States, based in Manalapan, NJ. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, VSK Foundation reported income of $8.1m and spending of $8.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $8.1m (+92%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, VSK Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include African Institute for Development Policy Research and Dialogue ($8.1m), Santa Verena Charity Inc ($8.2m) and Bayis Lepleitos Ateres Bonos Inc ($8.0m).

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 $1.1m against liabilities of $0, net assets of $1.1m.