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Vertical Fellowship Inc

RegisteredEIN 85-2180245West Palm BCH, FLReligion
Income$134k2022-12
Spending$115ksame year
Spent / received63%2-year average
Size in its cause53rd pctReligion
Exempt since2020Publicly supported organisat
Employees–latest return

Analysis

Vertical Fellowship Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Vertical Fellowship Inc reported income of $134k and spending of $115k, spending 86% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $89k to $134k (+50%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vertical Fellowship Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Ireland and Beyond ($134k), 3dm Hub Fort Wayne ($134k) and Arab Vision Incorporated ($134k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.

Income and spending

$0$34k$67k$101k$134k2021 Income: $89,4772021 Spending: $26,42520212022 Income: $134,0902022 Spending: $114,7522022
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Ireland and BeyondMagnolia$134k
3dm Hub Fort WayneNew Haven$134k
Arab Vision IncorporatedCarrollton$134k
Spurdle MinistriesTemecula$134k