Vayu Health

Analysis

Vayu Health is a registered charity in United States, based in Portola Vally, CA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Vayu Health reported income of $3.0m and spending of $1.8m, leaving 40% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $634k to $3.0m (+366%), an average of +116% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vayu Health 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 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Military Support Foundation ($3.0m), Childrens Nursing Specialties Inc ($3.0m) and Hampstead Volunteer Fire Engine and Hose Company-1 ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (2.1% of expenses). Other salaries and wages came to $902k. At year end it held assets of $2.2m against liabilities of $69k, net assets of $2.1m. It reported 8 employees.