The V Foundation

Cary, North Carolina

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 5 peers in Medical Research with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.01×
Peer Median3.10×
💰
$47.8M
Total Revenue
📊
$50.4M
Total Expenses
🏦
$50.9M
Net Assets
📋
$48.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.8%
Year-over-year change (2022 → 2023)
Net Margin
-5.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.01
Net assets divided by total expenses
Liabilities-to-Assets
48.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$47,813,36325%$50,407,79352%$99,605,97825%
2022$38,304,20219%$33,070,01024%$79,722,2792%
2021$32,236,75465%$26,594,55141%$77,875,59418%
2020$19,512,23542%$18,863,49943%$66,068,92714%
2019$33,522,50516%$33,129,6247%$76,463,1753%
2018$40,085,19937%$30,945,54812%$74,304,1324%
2017$29,273,06218%$27,693,1209%$71,549,2847%
2016$24,744,62313%$25,465,9211%$66,955,1204%
2015$28,470,6538%$25,201,15534%$64,624,48417%
2014$31,093,04275%$18,820,33311%$55,466,94938%
2013$17,794,8563%$16,928,7521%$40,190,1179%
2012$17,216,17214%$17,032,30718%$36,782,5106%
2011$15,066,421$14,415,183$34,651,145

Frequently Asked Questions

What does The V Foundation do?

The V Foundation is a medical research nonprofit organization based in North Carolina. It is classified under NTEE code H12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The V Foundation financially healthy?

Based on our 9-metric Financial Health Score model, The V Foundation has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The V Foundation generate?

The V Foundation reports $61.6M in annual revenue and holds $145.9M in total assets, based on IRS filings.

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