Voca Center Inc

Analysis

Voca Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2022, 4 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 December 2023, Voca Center Inc reported income of $492k and spending of $445k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $333k to $492k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Voca Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Our School ($492k), Train Mountain Institute ($493k) and The R a M Organization ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $55k (12% of expenses). Other salaries and wages came to $70k. At year end it held assets of $172k against liabilities of $7,645, net assets of $164k. It reported 4 employees.