Voluntary Interdistrict Choice Corporation

Analysis

Voluntary Interdistrict Choice Corporation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Voluntary Interdistrict Choice Corporation reported income of $41.1m and spending of $31.1m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $42.2m to $41.1m (-2.7%), an average of -0.7% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Voluntary Interdistrict Choice Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Belmont Hill School Inc ($41.1m), Neighbors in Need of Services Inc ($41.1m) and William & Mary Foundation ($41.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $101k (0.3% of expenses). Other salaries and wages came to $344k. At year end it held assets of $28.7m against liabilities of $0, net assets of $28.7m. It reported 10 employees.