Pioneer Voc Indstrl Services Inc

Analysis

Pioneer Voc Indstrl Services Inc is a registered charity in United States, based in Danville, KY. It received its IRS tax-exemption ruling in August 1969, 57 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pioneer Voc Indstrl Services Inc reported income of $769k and spending of $676k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $851k to $769k (-9.6%), an average of -2.5% a year. The sharpest change came in the year to June 2020, when income rose by 66%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pioneer Voc Indstrl Services Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Life Project 4 Youth ($769k), Grant Community Club Inc ($770k) and Nu2u Again ($769k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% and program service revenue 34% of the total. Other salaries and wages came to $318k. At year end it held assets of $1.4m against liabilities of $17k, net assets of $1.4m. It reported 50 employees.