Vta Memorial Foundation

Analysis

Vta Memorial Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Vta Memorial Foundation reported income of $157k and spending of $39k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $157k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vta Memorial Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within AZ. Charities of a similar size with the same main cause include Parent Volunteer Organization of Fulton Science Academy ($157k), The Lincoln Foundation C-O Ben Myers ($157k) and Dietrich Bonhoeffer Academy Inc ($157k).

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 $208k against liabilities of $0, net assets of $208k.