Vip Vocational Services Inc Cape Girardeau Community Shelter

Analysis

Vip Vocational Services Inc Cape Girardeau Community Shelter is a registered charity in United States, based in Cpe Girardeau, MO. It received its IRS tax-exemption ruling in December 1986, 40 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 2024, Vip Vocational Services Inc Cape Girardeau Community Shelter reported income of $2.2m and spending of $1.1m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $976k to $2.2m (+123%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vip Vocational Services Inc Cape Girardeau Community Shelter sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Civic Design Center ($2.2m), Broad Hollow Bioscience Park Inc ($2.2m) and Rightway Foundation ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $37k (3.2% of expenses). Other salaries and wages came to $137k. At year end it held assets of $13.7m against liabilities of $728k, net assets of $12.9m. It reported 3 employees.