Vagus Nerve Society VNS Inc

Analysis

Vagus Nerve Society VNS Inc is a registered charity in United States, based in Atlantic Beach, FL. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Vagus Nerve Society VNS Inc reported income of $102k and spending of $80k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $102k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vagus Nerve Society VNS Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include 66-68 E 4th Street Entity Inc ($102k), Metropolitan Music Community ($103k) and Philip Lorenz International Keyboard Concerts Inc ($102k).

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 $56k against liabilities of $0, net assets of $56k.