Provision Vocational Training Center

Analysis

Provision Vocational Training Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2014, 12 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, Provision Vocational Training Center reported income of $51k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $51k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 0.0% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Provision Vocational Training Center sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within PA. Charities of a similar size with the same main cause include Tipperary Hill Neighborhood Association Inc ($51k), Commercial Kitchen Coop of Cape Cod ($51k) and Minnesota Economic Development Foundation ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.