Voices for Independence
Analysis
Voices for Independence is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Voices for Independence reported income of $23.3m and spending of $23.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.1m to $23.3m (+22%), an average of +5.0% a year. Over the whole period it spent 103% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Voices for Independence sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Midland Christian School ($23.2m), Miss Halls School Inc ($23.3m) and The Emery-Weiner Center for Jewish Education ($23.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $394k (1.7% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $11.2m against liabilities of $2.1m, net assets of $9.0m. It reported 172 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.0%
- Program services 99%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Midland Christian School | Midland | $23.2m |
| Miss Halls School Inc | Pittsfield | $23.3m |
| The Emery-Weiner Center for Jewish Education | Houston | $23.2m |
| Franklintown Charter High School | Philadelphia | $23.3m |