Volunteers in Service Vis

Analysis

Volunteers in Service Vis is a registered charity in United States, based in Wyoming, MI. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 in Service Vis reported income of $202k and spending of $178k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $244k to $202k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Volunteers in Service Vis sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Jesus Hope and Love Mission ($202k), Edgewood Ranch Endowment Inc ($202k) and Delaware Youth Center Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $43k (24% of expenses). Other salaries and wages came to $93k. At year end it held assets of $184k against liabilities of $5,155, net assets of $179k. It reported 9 employees.