The Vertical Life Foundation Inc

Analysis

The Vertical Life Foundation Inc is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Vertical Life Foundation Inc reported income of $200k and spending of $210k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $302k to $200k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Vertical Life Foundation Inc sits at the 54th 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 53rd percentile within IN. Charities of a similar size with the same main cause include Health Occupations Students of America ($200k), Rocky Mountain Splash Parents Corporation ($200k) and Professor Chen Wen Chen Memorial Foundation ($200k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $34k against liabilities of $1,528, net assets of $32k.