Vineyard 2nd Generation

Analysis

Vineyard 2nd Generation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vineyard 2nd Generation reported income of $171k and spending of $269k, spending 157% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $171k (+209%), an average of +209% a year. The sharpest change came in the year to December 2023, when income rose by 209%. Over the whole period it spent 185% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vineyard 2nd Generation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 43rd percentile within ND. Charities of a similar size with the same main cause include Stoughton Hockey Association Inc ($171k), League for Yiddish Inc ($171k) and Los Angeles Section 8 Manhattan Lomod Corporation -5 ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 87% of the total. At year end it held assets of $43k against liabilities of $234k, net assets of -$191k.