Vining Center Inc

Analysis

Vining Center Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Vining Center Inc reported income of $64k and spending of $136k, spending 212% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $64k (-67%), an average of -67% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vining Center Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within NC. Charities of a similar size with the same main cause include Restoration Christian Church Inc ($64k), Catalytic Foundation ($64k) and Conroe Chaplaincy Association ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. At year end it held assets of $7,787 against liabilities of $19k, net assets of -$11k.