Stormont Vail Foundation

Analysis

Stormont Vail Foundation is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in September 1984, 42 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 September 2023, Stormont Vail Foundation reported income of $3.7m and spending of $1.8m, leaving 52% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.9m to $3.7m (-3.1%), an average of -0.8% a year. The sharpest change came in the year to September 2022, when income rose by 15%. Over the whole period it spent 55% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stormont Vail Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Eastern Oregon Alcoholism Foundation ($3.7m), Assoc for the Accreditation of Human Research Protection Programs ($3.7m) and Oconee Medical Holding ($3.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $35.7m against liabilities of $119k, net assets of $35.6m.