Vocare

Analysis

Vocare is a registered charity in United States, based in Foxfield, CO. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vocare reported income of $607k and spending of $613k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $607k (+127%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vocare 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 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include United Seniors of Athens County Inc ($607k), Dress for Success Central New Jersey a NJ Nonprofit Corporation ($607k) and Christian Food Mission Inc ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $330k (54% of expenses). At year end it held assets of $138k against liabilities of $0, net assets of $138k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.