VCS Inc

Analysis

VCS Inc is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, VCS Inc reported income of $3.2m and spending of $3.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.2m (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, VCS Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Island Commons Resource Center ($3.2m), Texas Medical Center Foundation ($3.2m) and Ronald McDonald House Charities of Nashville TN Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $231k (7.3% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.4m against liabilities of $318k, net assets of $2.1m. It reported 17 employees.