Vocational Development Foundation

Analysis

Vocational Development Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Vocational Development Foundation reported income of $27.4m and spending of $15.1m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $31.0m to $27.4m (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 37% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vocational Development Foundation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include Race Forward ($27.2m), Indianapolis Private Industry Council Inc ($27.4m) and Consortium for Worker Education Inc ($27.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $293.1m against liabilities of $0, net assets of $293.1m.