VLP Inc

Analysis

VLP Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, VLP Inc reported income of $622k and spending of $576k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $622k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, VLP Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within ME. Charities of a similar size with the same main cause include Bilateral Safety Corridor Coalition ($621k), Human Life Services Inc ($622k) and Lexisnexis Rule of Law Foundation ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $84k (15% of expenses). Other salaries and wages came to $297k. At year end it held assets of $609k against liabilities of $21k, net assets of $588k. It reported 10 employees.