Vocal Inc

Analysis

Vocal Inc is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 August 2023, Vocal Inc reported income of $251k and spending of $401k, spending 160% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $670k to $251k (-62%), an average of -22% a year. The sharpest change came in the year to August 2021, when income rose by 118%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vocal Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Festival of Hope ($251k), Englewood Alano Club Inc ($252k) and Recovery Houses of Rochester Inc ($251k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $66k (16% of expenses). Other salaries and wages came to $137k. At year end it held assets of $42k against liabilities of $3,977, net assets of $38k. It reported 6 employees.