Vocation Ministry

Analysis

Vocation Ministry is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vocation Ministry reported income of $478k and spending of $347k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $478k (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vocation Ministry 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 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Red Fox Community School Inc ($478k), The Parent Teacher Association of PS 41 Manhattan ($478k) and Omni International School ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $84k (24% of expenses). Other salaries and wages came to $108k. At year end it held assets of $531k against liabilities of $22k, net assets of $509k. It reported 7 employees.