Vital Services Inc

Analysis

Vital Services Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Vital Services Inc reported income of $4.5m and spending of $4.3m, spending 95% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $3.7m to $4.5m (+20%), an average of +6.1% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vital Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within NE. Charities of a similar size with the same main cause include Friends of San Lucas ($4.5m), Detroit Association of Black Organizations Dabo Inc ($4.5m) and Barbara Bush Houston Literacy Foundation ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 82% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $6.9m against liabilities of $4.8m, net assets of $2.1m. It reported 144 employees.