Vitamin Angel Alliance Inc

Analysis

Vitamin Angel Alliance Inc is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, Vitamin Angel Alliance Inc reported income of $132.1m and spending of $140.5m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $105.3m to $132.1m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vitamin Angel Alliance Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Howardcenter Inc ($131.7m), Foundation for Food and Agriculture Research ($132.3m) and Childrens Cabinet Inc a Child and Family Resource ($131.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $923k (0.7% of expenses). Other salaries and wages came to $6.6m. It paid $320k in professional fundraising fees. At year end it held assets of $99.1m against liabilities of $5.6m, net assets of $93.5m. It reported 66 employees.