Viking Charities Inc

Analysis

Viking Charities Inc is a registered charity in United States, based in Solvang, CA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Viking Charities Inc reported income of $299k and spending of $241k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $329k to $299k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Viking Charities Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Familial Dysautonomia Now Foundation ($299k), Pregnancy Resource Center of Pine City ($299k) and Texhealth Central Texas ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $2.4m against liabilities of $76k, net assets of $2.3m.