Vendemmia Foundation

Analysis

Vendemmia Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Vendemmia Foundation reported income of $74k and spending of $82k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $74k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 585%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vendemmia Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Austin Center for Design ($74k), Association of Financial Consultants Inc ($74k) and Blanchester School Foundation ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 99% of the total. At year end it held assets of $202k against liabilities of $4,499, net assets of $197k.