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Voices for International Business & Education

RegisteredEIN 27-0649868New Orleans, LAEducation and training
Income$6.8m2023-06
Spending$6.9msame year
Spent / received102%5-year average
Size in its cause91st pctEducation and training
Exempt since2009Publicly supported organisat
Employees72latest return

Analysis

Voices for International Business & Education is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Voices for International Business & Education reported income of $6.8m and spending of $6.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $6.8m (+18%), an average of +4.1% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Voices for International Business & Education sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Albuquerque Sign Language Academy ($6.8m), Sierra Charter School ($6.8m) and Her Justice Inc ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $1.9m against liabilities of $842k, net assets of $1.1m. It reported 72 employees.

Income and spending

$0$1.7m$3.5m$5.2m$6.9m2019 Income: $5,778,8072019 Spending: $5,980,66320192020 Income: $5,519,3282020 Spending: $5,783,32520202021 Income: $5,951,9462021 Spending: $5,766,54320212022 Income: $6,334,8832022 Spending: $6,514,43120222023 Income: $6,796,4902023 Spending: $6,949,4342023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 1.2%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Albuquerque Sign Language AcademyAlbuquerque$6.8m
Sierra Charter SchoolFresno$6.8m
Her Justice IncNew York$6.8m
Oldfields School IncSparks Glenco$6.8m