Vector Space
EIN: 473633116 · Lynchburg, VA · NTEE: A90
| Metric | Value |
|---|---|
| Total Revenue | $439K |
| Total Expenses | $402K |
| Net Assets | $697K |
Is Vector Space Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vector Space
Vector Space (EIN: 473633116) is a nonprofit organization based in Lynchburg, VA, classified under NTEE code A90. The organization reported total revenue of $439K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vector Space's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vector Space is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 36.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $626K |
| Total Expenses | $402K |
| Surplus / Deficit | +$223K |
| Total Assets | $1.7M |
| Total Liabilities | $955K |
| Net Assets | $697K |
| Operating Margin | 35.7% |
| Debt-to-Asset Ratio | 57.8% |
| Months of Reserves | 49.3 months |
Financial Health Grade: A
In 2023, Vector Space reported a surplus of $223K with revenue exceeding expenses, holds 49.3 months of operating reserves (strong position), has a debt-to-asset ratio of 57.8% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Vector Space's revenue has grown at a compound annual growth rate (CAGR) of 36.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.3% | +95.0% | +248.4% |
| 2022 | +62.5% | +7.5% | +108.3% |
| 2021 | +17.7% | +19.6% | +65.7% |
| 2020 | +51.1% | +6.8% | +110.9% |
| 2019 | -16.2% | +14.7% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vector Space has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vector Space with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $223K, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.8%.
Frequently Asked Questions about Vector Space
Is Vector Space a legitimate charity?
Vector Space (EIN: 473633116) is a registered tax-exempt nonprofit based in Virginia. It has 7 years of IRS 990 filings on record. Total revenue: $439K. No red flags identified. Financial health grade: A.
How does Vector Space spend its money?
Vector Space reported $439K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vector Space tax-deductible?
Vector Space is registered as a tax-exempt nonprofit (EIN: 473633116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vector Space located?
Vector Space is headquartered in Lynchburg, Virginia and files with the IRS under EIN 473633116. It is classified under NTEE code A90.
How many years of IRS 990 filings does Vector Space have?
Vector Space has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $439K in total revenue.
Filing History
IRS 990 filing history for Vector Space showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Vector Space's revenue has grown by 548.3%, moving from $97K to $626K. Total assets increased by 14590.7% over the same period, from $11K to $1.7M. Total functional expenses rose by 290.2%, from $103K to $402K. In its most recent filing year (2023), Vector Space reported a surplus of $223K, with revenue exceeding expenses. The organization holds $955K in liabilities against $1.7M in assets (debt-to-asset ratio: 57.8%), resulting in net assets of $697K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $626K | $402K | $1.7M | $955K | — | — |
| 2022 | $452K | $206K | $474K | $651 | — | View 990 |
| 2021 | $278K | $192K | $228K | $301 | — | View 990 |
| 2020 | $236K | $160K | $137K | $493 | — | View 990 |
| 2019 | $156K | $150K | $65K | $1K | — | View 990 |
| 2018 | $187K | $131K | $65K | $0 | — | View 990 |
| 2017 | $97K | $103K | $11K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $626K, expenses of $402K, and assets of $1.7M (revenue +38.3% year-over-year).
- 2022: Revenue of $452K, expenses of $206K, and assets of $474K (revenue +62.5% year-over-year).
- 2021: Revenue of $278K, expenses of $192K, and assets of $228K (revenue +17.7% year-over-year).
- 2020: Revenue of $236K, expenses of $160K, and assets of $137K (revenue +51.1% year-over-year).
- 2019: Revenue of $156K, expenses of $150K, and assets of $65K (revenue -16.2% year-over-year).
- 2018: Revenue of $187K, expenses of $131K, and assets of $65K (revenue +93.6% year-over-year).
- 2017: Revenue of $97K, expenses of $103K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vector Space:
Data Sources and Methodology
This transparency report for Vector Space 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.