Vasht

Analysis

Vasht is a registered charity in United States, based in Woodland HLS, CA. It received its IRS tax-exemption ruling in November 2016, 10 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, Vasht reported income of $112k and spending of $95k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $112k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 119% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vasht sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Mixed Magic Theater & Cultural Events Inc ($112k), Czech School of California ($112k) and Ukrainian Academy of Arts & Sciences in the U S Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $58k, net assets of $1,803.