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Financial Information

VSC is a 50l(C)(3) organization.

VSC’s annual operating budget is approximately $350,000. This figure includes all operational costs and salaries for 3 full time staff members, all of whom have been with VSC for more than 25 years - plus 3 part time staff.

VSC purchased its townhouse/office in the early 1970's and our mortgage is fully paid. Our occupancy costs are limited to building upkeep, utilities and insurance.

Our overhead costs are 9.3%

Over the past year, our support comes from the foundations including the Blum-Kolver Fund, the Cafritz Foundation, the Capitol Hill Community Foundation, the Clark-Winchcole Foundation, the Community Foundation of the National Capital Area, the Walter A. Bloedorn Foundation, the Herb Block Foundation, the Jovid Foundation, Workers of St. Albans, the Phase Foundation and the William S. Abell Foundation. Government funding comes from the United Planning Organizations and the District's Justice Grants Administration. Corporate support comes from the World Bank Community Connections Fund, the Archdiocese, Walmart and Marriott International.

VSC's most recent audit is for FY'10 (July l, 2009 through June 30, 2010). This audit is available upon request.