Vikings-Parent Group

Analysis

Vikings-Parent Group is a registered charity in United States, based in Millbrae, CA. It received its IRS tax-exemption ruling in November 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Vikings-Parent Group reported income of $79k and spending of $90k, spending 114% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $86k to $79k (-8.4%), an average of -8.4% a year. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vikings-Parent Group sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Allied Arts Foundation ($79k), Pauline Valentine Adair Church Cemetery Trust ($79k) and Christine M Kleinert Institute for Hand & Micro Surgery Inc ($79k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.