Vow 22 Inc

Analysis

Vow 22 Inc is a registered charity in United States, based in Lake Jackson, TX. It received its IRS tax-exemption ruling in March 2017, 9 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 December 2023, Vow 22 Inc reported income of $95k and spending of $107k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $171k to $95k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vow 22 Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Access Independence ($95k), Colvin Run Citizens Association Inc ($95k) and Family Guide Incorporated ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.