Vail House Midland Inc

Analysis

Vail House Midland Inc is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, 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 December 2023, Vail House Midland Inc reported income of $2.1m and spending of $2.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.1m (+46%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vail House Midland Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Arizona Veterans Research and Education Foundation ($2.1m), GBMC Healthcare Inc ($2.1m) and Give an Hour Nonprofit Corporation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $56k (2.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $633k against liabilities of $287k, net assets of $347k. It reported 105 employees.

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.