Vogel Alcove

Analysis

Vogel Alcove is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Vogel Alcove reported income of $6.9m and spending of $7.3m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $6.9m (+57%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vogel Alcove sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Young Mens Christian Association of Georgias Piedmont Inc ($6.9m), Jewish Family Services Inc ($6.9m) and Village at Woods Edge ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $316k (4.3% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $4.4m against liabilities of $2.2m, net assets of $2.2m. It reported 115 employees.