Vitalant

Analysis

Vitalant is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in October 2015, 11 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, Vitalant reported income of $686.2m and spending of $723.1m, spending 105% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $532.8m to $686.2m (+29%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vitalant sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within AZ. Charities of a similar size with the same main cause include Mercy Health System Corporation ($685.9m), My Choice Wisconsin Inc ($686.3m) and Faculty Physicians and Surgeons of Llusm ($685.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $6.8m (0.9% of expenses). Other salaries and wages came to $313.9m. At year end it held assets of $830.6m against liabilities of $227.9m, net assets of $602.7m. It reported 5,273 employees.