Vindeket

Analysis

Vindeket is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Vindeket reported income of $3.9m and spending of $3.8m, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $708k to $3.9m (+453%), an average of +77% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vindeket sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include T E S S a ($3.9m), Goddard Homestead Inc ($3.9m) and Forever Families ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $54k (1.4% of expenses). Other salaries and wages came to $50k. At year end it held assets of $440k against liabilities of $22k, net assets of $418k. It reported 3 employees.