Vow Now Corp

Analysis

Vow Now Corp is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in October 2020, 6 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 March 2024, Vow Now Corp reported income of $534k and spending of $489k, spending 92% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $135k to $534k (+295%), an average of +295% a year. The sharpest change came in the year to March 2024, when income rose by 295%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vow Now Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Ua-Pb Alumni Scholarship Endowment Fund University of Arkansas ($534k), Association of American Physicians ($534k) and Yuan Foundation ($534k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.