Vnacare

Analysis

Vnacare is a registered charity in United States, based in Rancho Cucamonga, CA. It received its IRS tax-exemption ruling in June 1954, 72 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Vnacare reported income of $19.8m and spending of $22.7m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.1m to $19.8m (-24%), an average of -6.7% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vnacare sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Childrens Hospital Foundation ($19.8m), Saint Josephs Manor ($19.8m) and T J Health Columbia Inc ($19.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 105% of the total. Compensation of current officers, directors and key employees was $1.2m (5.4% of expenses). Other salaries and wages came to $10.7m. At year end it held assets of $26.2m against liabilities of $4.5m, net assets of $21.7m. It reported 198 employees.