Council of State Administrators of Vocational Rehabilitation

Analysis

Council of State Administrators of Vocational Rehabilitation is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in March 1967, 59 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Council of State Administrators of Vocational Rehabilitation reported income of $2.1m and spending of $2.2m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.1m (+20%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Council of State Administrators of Vocational Rehabilitation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Downtown Brooklyn Partnership ($2.1m), Chesapeake Center Inc ($2.1m) and One for the World Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $292k (13% of expenses). Other salaries and wages came to $575k. At year end it held assets of $2.8m against liabilities of $3,526, net assets of $2.8m. It reported 6 employees.