Vita Nova Maternity Community

Analysis

Vita Nova Maternity Community is a registered charity in United States, based in Papillion, NE. It received its IRS tax-exemption ruling in June 2023, 3 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 June 2024, Vita Nova Maternity Community reported income of $5.5m and spending of $1.1m, leaving 81% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $301k to $5.5m (+1728%), an average of +1728% a year. The sharpest change came in the year to June 2024, when income rose by 1728%. Over the whole period it spent 21% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vita Nova Maternity Community sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within NE. Charities of a similar size with the same main cause include Navajoland Nursing Homes Inc ($5.5m), Listen Lebanon in Service to Each Neighbor ($5.5m) and Lauras House ($5.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $121k (11% of expenses). Other salaries and wages came to $119k. At year end it held assets of $8.6m against liabilities of $4.0m, net assets of $4.6m. It reported 4 employees.