Vina Moses Welfare Center Inc

Analysis

Vina Moses Welfare Center Inc is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in September 1978, 48 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, Vina Moses Welfare Center Inc reported income of $1.0m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $562k to $1.0m (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vina Moses Welfare Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OR. Charities of a similar size with the same main cause include Jewish Home of Central New York Foundation of Syracuse Inc ($1.0m), Jewish Home at Home Inc ($1.0m) and Garnett & Senas Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $78k (7.4% of expenses). Other salaries and wages came to $126k. At year end it held assets of $1.8m against liabilities of $27k, net assets of $1.7m. It reported 7 employees.