Adult Vocational Programs Inc

Analysis

Adult Vocational Programs Inc is a registered charity in United States, based in Chester, CT. It received its IRS tax-exemption ruling in February 1987, 39 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 2023, Adult Vocational Programs Inc reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $2.0m (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adult Vocational Programs Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within CT. Charities of a similar size with the same main cause include Association for the Advancement of Mental Health ($2.0m), Boy Scouts of America ($2.0m) and Amarillo Wesley Community Center Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $74k (3.6% of expenses). At year end it held assets of $1.9m against liabilities of $1.8m, net assets of $61k. It reported 80 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.