Volunteer Action Center of Broward County Inc

Analysis

Volunteer Action Center of Broward County Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Volunteer Action Center of Broward County Inc reported income of $951k and spending of $858k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $893k to $951k (+6.4%), an average of +1.3% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Volunteer Action Center of Broward County Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Marshfield Area United Way ($950k), Drive for Life ($951k) and New Impact Fund ($950k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $136k (16% of expenses). At year end it held assets of $429k against liabilities of $84k, net assets of $345k. It reported 15 employees.