Voices of Community Activists & Leaders-Vocal-Ny-Inc

Analysis

Voices of Community Activists & Leaders-Vocal-Ny-Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Voices of Community Activists & Leaders-Vocal-Ny-Inc reported income of $9.6m and spending of $8.3m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $9.6m (+208%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Voices of Community Activists & Leaders-Vocal-Ny-Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Scotland Regional Health Network ($9.5m), Mother of Good Counsel Home ($9.6m) and Carson City Community Counseling Center ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $357k (4.3% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $15.5m against liabilities of $8.5m, net assets of $7.0m. It reported 70 employees.