Volunteers in Corrections Inc

Analysis

Volunteers in Corrections Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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 December 2023, Volunteers in Corrections Inc reported income of $69k and spending of $51k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $69k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volunteers in Corrections Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include Ascension Arizona ($69k), PTA California Congress of Parents Teachers & Students Inc ($69k) and Trout Unlimited ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.