V3gate Foundation

Analysis

V3gate Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, V3gate Foundation reported income of $174k and spending of $173k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $168k to $174k (+3.9%), an average of +1.9% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, V3gate Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Alabama Cohosh Collaborative ($174k), Four Winds Center for Healing and the Arts Inc ($174k) and Ten Ten Life Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $83k against liabilities of $26k, net assets of $57k.