Vertical Raise NP Inc

Analysis

Vertical Raise NP Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Vertical Raise NP Inc reported income of $719k and spending of $731k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $425k to $719k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vertical Raise NP Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within ID. Charities of a similar size with the same main cause include Camp Rock Inc ($719k), Trinity County Fair Association Inc ($719k) and Manasota Youth Travel Hockey Inc ($719k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.