Voyagers School Inc

Analysis

Voyagers School Inc is a registered charity in United States, based in Lincroft, NJ. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Voyagers School Inc reported income of $1.0m and spending of $1.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.0m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Voyagers School 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 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Mountain School at Winhall Inc ($1.0m), Uno Student Organizatoins Inc ($1.0m) and College Bound Opportunities ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $44k (4.2% of expenses). Other salaries and wages came to $390k. At year end it held assets of $314k against liabilities of $232k, net assets of $82k. It reported 25 employees.