Viecare Armstrong LLC

Analysis

Viecare Armstrong LLC is a registered charity in United States, based in Mars, PA. It received its IRS tax-exemption ruling in July 2014, 12 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 June 2023, Viecare Armstrong LLC reported income of $10.6m and spending of $9.5m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $10.6m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Viecare Armstrong LLC sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Edgar P Benjamin Healthcare Center Inc ($10.6m), Healthcare Information Xchange of New York Inc ($10.6m) and Council on Chemical Abuse Inc ($10.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $7.6m against liabilities of $3.7m, net assets of $4.0m. It reported 57 employees.