Vital Solutions

Analysis

Vital Solutions is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vital Solutions reported income of $607k and spending of $631k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $607k (+179%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 206%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vital Solutions sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Transformation 122 ($607k), Ardellas House Inc ($607k) and Neighbors in Action Inc ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $91k (14% of expenses). At year end it held assets of $127k against liabilities of $21k, net assets of $106k. It reported 1 employees.