Volunteer Instructors Teaching Adults Inc

Analysis

Volunteer Instructors Teaching Adults Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in May 1983, 43 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 2024, Volunteer Instructors Teaching Adults Inc reported income of $673k and spending of $642k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $533k to $673k (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Volunteer Instructors Teaching Adults Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($672k), St Michael Day School Inc ($673k) and Lima Community Foundation ($672k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $347k. At year end it held assets of $1.2m against liabilities of $266k, net assets of $935k. It reported 14 employees.