Vogel Charities Inc
- Assets
- $4.6m
- Revenue
- $735.0k
- Investments
- $2.8m
- Employees
- 0
- Location
- Orange City, IA
- Founding
- 05/1972
- Data as of
- 12/2022
- EIN
- 23-7169167
Organization Overview
Vogel Charities Inc is located in Orange City, IA. The organization was established in 1972. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vogel Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Vogel Charities Inc generated $735.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $115.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Vogel Charities Inc has awarded 31 individual grants totaling $3,703,407. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,598 |
| Dividends & Interest | $49,950 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $653,772 |
| Capital Gain Net Income | $653,772 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,653 |
| Total Revenue | $734,973 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,837 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,247 |
| Contributions, gifts, grants paid | $103,000 |
| Total expenses and disbursements | $115,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $928,694 |
| Savings and temporary cash investments | $873,020 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,693,506 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,617,019 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $5,276 |
| Total liabilities | $5,276 |
Grants Awarded
Over the last fiscal year, Vogel Charities Inc has awarded $103,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OKOBOJI BIBLE CONFERENCE MINISTRIES PURPOSE: FUND DRIVE | $1,000 |
THE LUKE SOCIETY PURPOSE: FUND DRIVE | $100,000 |
ZESTOS INC PURPOSE: FUND DRIVE | $1,000 |
MIDDLEBURG FREE GRACE REFORMED CHURCH PURPOSE: FUND DRIVE | $1,000 |