Rehabilitation & Vocational Education Program Inc

Analysis

Rehabilitation & Vocational Education Program Inc is a registered charity in United States, based in Anna, IL. It received its IRS tax-exemption ruling in December 1974, 52 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rehabilitation & Vocational Education Program Inc reported income of $3.1m and spending of $2.9m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.1m (+35%), an average of +7.7% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rehabilitation & Vocational Education Program Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include King of Prussia Business Improvement District Inc ($3.1m), Community League of the Heights Inc ($3.1m) and Tysons Community Alliance ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $340k (12% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.0m against liabilities of $606k, net assets of $2.4m. It reported 163 employees.