Vail Religious Foundation

Analysis

Vail Religious Foundation is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in January 1966, 60 years ago. 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 December 2023, Vail Religious Foundation reported income of $1.8m and spending of $698k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $1.8m (+1013%), an average of +83% a year. The sharpest change came in the year to December 2021, when income rose by 900%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vail Religious Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Heritage Christian School ($1.8m), Over the Rainbow Association ($1.8m) and John H Wellons Foundation Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.1% of the total. Other salaries and wages came to $90k. It paid $116k in professional fundraising fees. At year end it held assets of $7.3m against liabilities of $518k, net assets of $6.8m. It reported 2 employees.