Vocational Opportunities Center Northeast Texas Inc

Analysis

Vocational Opportunities Center Northeast Texas Inc is a registered charity in United States, based in Mt Pleasant, TX. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Vocational Opportunities Center Northeast Texas Inc reported income of $536k and spending of $476k, spending 89% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $452k to $536k (+18%), an average of +5.8% a year. The sharpest change came in the year to July 2022, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vocational Opportunities Center Northeast Texas Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Seven Generations Charter School Foundation ($535k), Little Lotus Center ($536k) and Catamount Childrens Center Inc ($535k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $210k. At year end it held assets of $608k against liabilities of $3,787, net assets of $604k. It reported 5 employees.