Vasa Order of America

Analysis

Vasa Order of America is a registered charity in United States, based in Bishop Hill, IL. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Vasa Order of America reported income of $236k and spending of $114k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $236k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vasa Order of America sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include M & D Productions ($236k), Artists Alliance Inc ($236k) and Advanced Heliophysics ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $48k (42% of expenses). At year end it held assets of $1.1m against liabilities of $6,102, net assets of $1.1m. It reported 1 employees.