Friends of Vail Inc

Analysis

Friends of Vail Inc is a registered charity in United States, based in Pilot Point, TX. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Vail Inc reported income of $202k and spending of $64k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $202k (+220%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 238%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Vail Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Society of Explosives Engineers Education Foundation ($202k), High Hopes ($202k) and The Center for Education Leadership Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 123% of the total. At year end it held assets of $468k against liabilities of $0, net assets of $468k.