Vocatio Career-Prep High School

Analysis

Vocatio Career-Prep High School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Vocatio Career-Prep High School reported income of $676k and spending of $495k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $421k to $676k (+61%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vocatio Career-Prep High School sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Veritas Classical Academy Inc ($676k), High Point Academy Building Corporation ($676k) and Liberty-Benton Athletic Boosters ($676k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $57k (12% of expenses). Other salaries and wages came to $76k. At year end it held assets of $254k against liabilities of $237k, net assets of $17k. It reported 4 employees.