VCC Cares Inc

Analysis

VCC Cares Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, VCC Cares Inc reported income of $127k and spending of $142k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $247k to $127k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 483%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, VCC Cares Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AR. Charities of a similar size with the same main cause include The Arc of Mercer County Foundation ($127k), Shady Dale Rodeo Inc ($127k) and Franklin County Foster Closet ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.