Icw Vocational Services Inc

Analysis

Icw Vocational Services Inc is a registered charity in United States, based in Indiana, PA. It received its IRS tax-exemption ruling in July 1972, 54 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Icw Vocational Services Inc reported income of $1.8m and spending of $1.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.8m (+9.8%), an average of +2.4% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Icw Vocational Services 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 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Texas Business Hall of Fame Foundation ($1.8m), Startx ($1.8m) and Nuvisions Center ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $168k (10% of expenses). Other salaries and wages came to $757k. At year end it held assets of $1.0m against liabilities of $181k, net assets of $841k. It reported 124 employees.