Vocational Skills Services Inc

Analysis

Vocational Skills Services Inc is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in April 1996, 30 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, Vocational Skills Services Inc reported income of $574k and spending of $685k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $987k to $574k (-42%), an average of -13% a year. The sharpest change came in the year to June 2020, when income dropped by 20%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vocational Skills Services Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Adopt-A-Block of Aroostook ($574k), Development Solutions Inc ($574k) and James W Foley Legacy Foundation Inc ($574k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $122k (18% of expenses). Other salaries and wages came to $253k. At year end it held assets of $104k against liabilities of $34k, net assets of $70k. It reported 16 employees.