Vocational Technical Educational Foundation of Delaware

Analysis

Vocational Technical Educational Foundation of Delaware is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Vocational Technical Educational Foundation of Delaware reported income of $327k and spending of $103k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $327k (+528%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vocational Technical Educational Foundation of Delaware sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 58th percentile within DE. Charities of a similar size with the same main cause include North Berkshire Community Television Corporation Inc ($327k), Language Lab Academy ($327k) and Gateway Preschool Academy ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.