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Superior Vocations Center Inc

RegisteredEIN 39-1077898Superior, WICommunity and economic development
Income$1.0m2023-12
Spending$1.1msame year
Spent / received101%5-year average
Size in its cause77th pctCommunity and economic development
Exempt since1967Publicly supported organisat
Employees45latest return

Analysis

Superior Vocations Center Inc is a registered charity in United States, based in Superior, WI. It received its IRS tax-exemption ruling in April 1967, 59 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 (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, Superior Vocations Center Inc reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $908k to $1.0m (+12%), an average of +2.8% a year. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Superior Vocations Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include Adonais Second Chances ($1.0m), Seventh Ward Civic Association ($1.0m) and Washington Parks & People ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 91% of the total. Other salaries and wages came to $628k. At year end it held assets of $2.1m against liabilities of $34k, net assets of $2.1m. It reported 45 employees.

Income and spending

$0$283k$567k$850k$1.1m2019 Income: $908,4672019 Spending: $862,16220192020 Income: $951,4782020 Spending: $1,053,85020202021 Income: $1,037,5942021 Spending: $1,089,27420212022 Income: $1,133,0382022 Spending: $1,027,95620222023 Income: $1,013,2502023 Spending: $1,070,0312023
IncomeSpending

Where the income comes from

  • Contributions & grants 2.8%
  • Program services 91%
  • Other 6.4%

Similar-sized charities, same cause

CharityLocationIncome
Adonais Second ChancesRiverview$1.0m
Seventh Ward Civic AssociationJohnstown$1.0m
Washington Parks & PeopleWashington$1.0m
Groover Labs IncWichita$1.0m