Vna Space Coast Inc

Analysis

Vna Space Coast Inc is a registered charity in United States, based in Rockledge, FL. It received its IRS tax-exemption ruling in June 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Vna Space Coast Inc reported income of $3.7m and spending of $5.1m, spending 137% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.0m to $3.7m (-6.3%), an average of -1.6% a year. Over the whole period it spent 119% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vna Space Coast Inc 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 92nd percentile within FL. Charities of a similar size with the same main cause include Kleb Inc ($3.7m), McFi Home Care LLC ($3.7m) and Vision for Equality Inc ($3.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $778k against liabilities of $5.2m, net assets of -$4.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.