Servicemember Agricultural Vocation Education Corp

Analysis

Servicemember Agricultural Vocation Education Corp is a registered charity in United States, based in Riley, KS. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Servicemember Agricultural Vocation Education Corp reported income of $633k and spending of $324k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $803k to $633k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Servicemember Agricultural Vocation Education Corp sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within KS. Charities of a similar size with the same main cause include Bridgemakers ($633k), Sundial Elderly Housing Inc ($633k) and Manning Community Foundation ($633k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $72k (22% of expenses). At year end it held assets of $1.7m against liabilities of $959k, net assets of $735k. It reported 8 employees.