Vital Families Inc

Analysis

Vital Families Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Vital Families Inc reported income of $53k and spending of $105k, spending 198% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $267k to $53k (-80%), an average of -42% a year. The sharpest change came in the year to June 2024, when income dropped by 74%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vital Families Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Isi Campus Ministries of Magnolia Corp ($53k), Ministry Admin Solutions Inc ($53k) and Word Way Ministries International ($53k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $35k. At year end it held assets of $1,907 against liabilities of $0, net assets of $1,907. It reported 1 employees.