Vidanet Inc

Analysis

Vidanet Inc is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Vidanet Inc reported income of $396k and spending of $418k, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $388k to $396k (+2.2%), an average of +0.5% a year. The sharpest change came in the year to September 2022, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vidanet Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Borisa Zen Center ($396k), Guru Nanak Sat Sangat of California ($396k) and P a C T Ministry Inc ($396k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 56% of the total. Other salaries and wages came to $19k. At year end it held assets of $229k against liabilities of $0, net assets of $229k.