Vasa Educational Services

Analysis

Vasa Educational Services is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in October 2020, 6 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, Vasa Educational Services reported income of $138k and spending of $153k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $138k (+39%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vasa Educational Services sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Wholesome Life International Inc ($138k), Bonny Slope Community Organization Inc ($138k) and Welcome Athletic Booster Association ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $4,267 against liabilities of $1,634, net assets of $2,633.