Foley Voa Living Center Inc

Analysis

Foley Voa Living Center Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Foley Voa Living Center Inc reported income of $129k and spending of $147k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $97k to $129k (+33%), an average of +7.5% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foley Voa Living Center Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within AL. Charities of a similar size with the same main cause include Full Bellies Inc ($129k), Lamia Afghan Foundation Inc ($129k) and Interfaith Mission Center Inc ($129k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $475k against liabilities of $129k, net assets of $347k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.