Vansi Family Charitable Foundation Inc

Analysis

Vansi Family Charitable Foundation Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vansi Family Charitable Foundation Inc reported income of $100k and spending of $127k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $301k to $100k (-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 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vansi Family Charitable Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include Cheaper by the Pound-Helping Closet ($100k), Keep Moving Forward Foundation Inc ($100k) and Rekhi Foundation for Happiness ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.