Good Vocations Inc

Analysis

Good Vocations Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in October 1999, 27 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 (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, Good Vocations Inc reported income of $13.4m and spending of $11.9m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.4m to $13.4m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Good Vocations Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Tennessee Technology Development Corporation ($13.4m), Just a Start Inc ($13.4m) and Goodwill Mennonite Home Inc ($13.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $15.7m against liabilities of $706k, net assets of $15.0m. It reported 261 employees.