Voices for Children of Tampa Bay Inc

Analysis

Voices for Children of Tampa Bay Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 2022, Voices for Children of Tampa Bay Inc reported income of $154k and spending of $254k, spending 165% of what it took in. Across the 4 years on record, from December 2019 to June 2022, income fell from $303k to $154k (-49%), an average of -20% a year. The sharpest change came in the year to June 2022, when income dropped by 77%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Voices for Children of Tampa Bay Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Worldlink Foundation ($154k), Hubbard County Food Shelf ($154k) and Little League Baseball Inc ($154k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $43k (17% of expenses). Other salaries and wages came to $52k. At year end it held assets of $532k against liabilities of $9,170, net assets of $522k. It reported 4 employees.