Vital Wines

Analysis

Vital Wines is a registered charity in United States, based in Walla Walla, WA. It received its IRS tax-exemption ruling in March 2017, 9 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 (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, Vital Wines reported income of $445k and spending of $257k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $185k to $445k (+141%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vital Wines sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Brattleboro Museum and Art Center Inc ($445k), Take-Up Productions ($445k) and Paso Robles Youth Arts Center ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $74k (29% of expenses). Other salaries and wages came to $5,873. At year end it held assets of $513k against liabilities of $24k, net assets of $489k. It reported 2 employees.