Savannah Vo-Tech FDN Inc

Analysis

Savannah Vo-Tech FDN Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Savannah Vo-Tech FDN Inc reported income of $551k and spending of $466k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $592k to $551k (-6.9%), an average of -1.8% a year. The sharpest change came in the year to June 2024, when income dropped by 53%. 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, Savannah Vo-Tech FDN Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Hollywood Educational and Literacy Project Miami Inc ($551k), The Hillel School ($551k) and Pagosa Valor Academy ($551k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.