Vow for Girls Inc

Analysis

Vow for Girls Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2019, 7 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 for Girls Inc reported income of $3.3m and spending of $3.6m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $401k to $3.3m (+729%), an average of +70% a year. The sharpest change came in the year to December 2020, when income rose by 571%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vow for Girls Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Neighbors Inc ($3.3m), Delmarva Teen Challenge Inc ($3.3m) and Feeding North Texas Foundation ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $434k (12% of expenses). Other salaries and wages came to $623k. It paid $211k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $125k, net assets of $2.4m. It reported 15 employees.