Vitalyst Health Foundation

Analysis

Vitalyst Health Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Vitalyst Health Foundation reported income of $7.4m and spending of $6.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.8m to $7.4m (-25%), an average of -6.8% a year. The sharpest change came in the year to June 2021, when income rose by 202%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vitalyst Health Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Methodist Transplant Physicians ($7.4m), Opportunity Enterprises ($7.4m) and Behavioral Health Specialists Inc ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% of the total. Compensation of current officers, directors and key employees was $541k (8.4% of expenses). Other salaries and wages came to $743k. At year end it held assets of $131.4m against liabilities of $1.9m, net assets of $129.5m. It reported 13 employees.