Vital Ground Foundation Inc
Analysis
Vital Ground Foundation Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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, Vital Ground Foundation Inc reported income of $6.7m and spending of $2.2m, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $6.7m (+204%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 46% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vital Ground Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within MT. Charities of a similar size with the same main cause include Housing Development Corporation of Bergen County ($6.7m), Citizens for Responsibility and Ethics in Washington Inc ($6.7m) and Legal Aid Society Inc ($6.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $166k (7.5% of expenses). Other salaries and wages came to $518k. At year end it held assets of $22.1m against liabilities of $721k, net assets of $21.4m. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Housing Development Corporation of Bergen County | Hackensack | $6.7m |
| Citizens for Responsibility and Ethics in Washington Inc | Washington | $6.7m |
| Legal Aid Society Inc | Louisville | $6.7m |
| Make-A-Wish Foundation of Utah Inc | Murray | $6.7m |