The Vellore Christian Medical College Foundation Inc
Vellore Christian Medical College Foundation maintains strong asset growth and zero officer compensation.
EIN: 132735359 · New York, NY · NTEE: Q113 · Updated: 2026-03-28
Is The Vellore Christian Medical College Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Vellore Christian Medical College Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Vellore Christian Medical College Foundation Inc
The Vellore Christian Medical College Foundation Inc (EIN: 132735359) is a nonprofit organization based in New York, NY, classified under NTEE code Q113. The organization reported total revenue of $13.9M and total assets of $12.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Vellore Christian Medical College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Vellore Christian Medical College Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, The Vellore Christian Medical College Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 14 available filings, indicating that its leadership serves on a volunteer basis and does not draw salaries, which is highly commendable for a nonprofit of its size with assets exceeding $10 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Vellore Christian Medical College Foundation Inc's IRS 990 filings:
- Fluctuating annual revenue, which could indicate reliance on less predictable funding sources.
Strengths
The following positive indicators were identified for The Vellore Christian Medical College Foundation Inc:
- Consistent 0% officer compensation across all filings, demonstrating strong financial stewardship.
- Consistent growth in assets, reaching $10,968,745 in 2023, indicating financial stability.
- Strong program spending efficiency due to minimal administrative overhead (implied by 0% officer compensation).
Frequently Asked Questions about The Vellore Christian Medical College Foundation Inc
Is The Vellore Christian Medical College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Vellore Christian Medical College Foundation Inc (EIN: 132735359) some concerns. Mission Score: 92/100. 1 red flag identified, 3 strengths noted.
How does The Vellore Christian Medical College Foundation Inc spend its money?
The Vellore Christian Medical College Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Vellore Christian Medical College Foundation Inc tax-deductible?
The Vellore Christian Medical College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 132735359). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Vellore Christian Medical College Foundation Inc a good charity?
Based on the available IRS 990 data, the foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, very low administrative overhead (implied by 0% officer compensation), and a clear focus on its mission without executive salaries.
How has the organization's revenue trended over the last few years?
The organization's revenue has been somewhat volatile. It saw a significant increase from $2,434,385 in 2020 to $4,431,468 in 2021 and $4,905,769 in 2022, before decreasing to $2,526,094 in 2023. This suggests a reliance on fluctuating donation levels.
What is the organization's approach to executive compensation?
The Vellore Christian Medical College Foundation Inc reports 0% officer compensation in all available filings, indicating that its officers are not paid, which is an excellent practice for maximizing funds directed towards its mission.
Filing History
IRS 990 filing history for The Vellore Christian Medical College Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), The Vellore Christian Medical College Foundation Inc's revenue has grown by 23.5%, moving from $2.0M to $2.5M. Total assets increased by 74.7% over the same period, from $6.3M to $11.0M. Total functional expenses rose by 59.8%, from $1.4M to $2.2M. In its most recent filing year (2023), The Vellore Christian Medical College Foundation Inc reported a surplus of $289K, with revenue exceeding expenses. The organization holds $293K in liabilities against $11.0M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $10.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.2M | $11.0M | $293K | — | — |
| 2022 | $4.9M | $5.0M | $9.7M | $290K | — | View 990 |
| 2021 | $4.4M | $3.5M | $11.4M | $314K | — | View 990 |
| 2020 | $2.4M | $2.3M | $10.0M | $349K | — | — |
| 2019 | $2.5M | $1.6M | $8.9M | $188K | — | View 990 |
| 2018 | $979K | $995K | $7.0M | $174K | — | View 990 |
| 2017 | $830K | $1.0M | $7.2M | $193K | — | View 990 |
| 2016 | $934K | $1.4M | $6.7M | $216K | — | View 990 |
| 2015 | $1.7M | $1.5M | $6.9M | $247K | — | View 990 |
| 2014 | $1.3M | $912K | $6.8M | $239K | — | View 990 |
| 2013 | $1.1M | $940K | $6.5M | $271K | — | View 990 |
| 2012 | $914K | $766K | $6.6M | $1.2M | — | View 990 |
| 2012 | $980K | $1.3M | $6.1M | $778K | — | View 990 |
| 2011 | $2.0M | $1.4M | $6.3M | $626K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.2M, and assets of $11.0M (revenue -48.5% year-over-year).
- 2022: Revenue of $4.9M, expenses of $5.0M, and assets of $9.7M (revenue +10.7% year-over-year).
- 2021: Revenue of $4.4M, expenses of $3.5M, and assets of $11.4M (revenue +82.0% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.3M, and assets of $10.0M (revenue -4.0% year-over-year).
- 2019: Revenue of $2.5M, expenses of $1.6M, and assets of $8.9M (revenue +159.0% year-over-year).
- 2018: Revenue of $979K, expenses of $995K, and assets of $7.0M (revenue +18.0% year-over-year).
- 2017: Revenue of $830K, expenses of $1.0M, and assets of $7.2M (revenue -11.2% year-over-year).
- 2016: Revenue of $934K, expenses of $1.4M, and assets of $6.7M (revenue -44.7% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.5M, and assets of $6.9M (revenue +29.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $912K, and assets of $6.8M (revenue +21.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $940K, and assets of $6.5M (revenue +18.2% year-over-year).
- 2012: Revenue of $914K, expenses of $766K, and assets of $6.6M (revenue -6.8% year-over-year).
- 2012: Revenue of $980K, expenses of $1.3M, and assets of $6.1M (revenue -52.1% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.4M, and assets of $6.3M.
Data Sources and Methodology
This transparency report for The Vellore Christian Medical College Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.