Volunteers for Honduran Communities Inc

Analysis

Volunteers for Honduran Communities Inc is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Volunteers for Honduran Communities Inc reported income of $324k and spending of $430k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $273k to $324k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Volunteers for Honduran Communities Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Nicaragua Advances in Christian Education ($324k), Honeywell Humanitarian Relief Foundation Inc ($324k) and Healing Art Missions ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $120k (28% of expenses). It paid $13k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $12k, net assets of $1.1m. It reported 1 employees.