Vcaac Inc

Analysis

Vcaac Inc is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vcaac Inc reported income of $94k and spending of $88k, spending 94% of its income. Across the 3 years on record, from December 2017 to December 2023, income grew from $80k to $94k (+18%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vcaac Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Wednesdays Gift ($94k), South Carolina Federation of the Council for Exceptional Children ($94k) and Friends of the Farm Northport Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 75% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.