Vennue Foundation

Analysis

Vennue Foundation is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in November 2023, 3 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 2024, Vennue Foundation reported income of $263k and spending of $416k, spending 158% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $243k to $263k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 108%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vennue Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include Pellow Outreach ($263k), Healthalliance Foundation ($263k) and Aapi Arkansas ($263k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. It paid $36k in professional fundraising fees. At year end it held assets of $42k against liabilities of $0, net assets of $42k.