Vows Inc

Analysis

Vows Inc is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in June 1975, 51 years ago. 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 June 2024, Vows Inc reported income of $148k and spending of $106k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $108k to $148k (+37%), an average of +37% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vows Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within RI. Charities of a similar size with the same main cause include 2nd Chance Outreach Ministries ($148k), Friends of the Stockton Public Library ($148k) and Newborn Hope Incorporated ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.5% and program service revenue 86% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.