Vagabond Missions
Vagabond Missions shows strong program focus and growth, with recent expenses exceeding revenue and increasing liabilities.
EIN: 203891942 · Pittsburgh, PA · NTEE: O20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $3.6M |
| Program Spending | 85% |
| Net Assets | $699K |
| Transparency Score | 85/100 |
Is Vagabond Missions Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vagabond Missions directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vagabond Missions
Vagabond Missions (EIN: 203891942) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code O20. The organization reported total revenue of $4.3M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vagabond Missions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vagabond Missions is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-469,574 |
| Total Assets | $1.6M |
| Total Liabilities | $923K |
| Net Assets | $699K |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 56.9% |
| Months of Reserves | 5.3 months |
Financial Health Grade: C
In 2023, Vagabond Missions reported a deficit of $470K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 56.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vagabond Missions's revenue has grown at a compound annual growth rate (CAGR) of 24.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.3% | -6.3% | -12.7% |
| 2022 | +0.4% | +31.7% | -17.6% |
| 2021 | +48.2% | +63.9% | +63.7% |
| 2020 | +89.9% | +53.8% | +220.2% |
| 2019 | +23.4% | +32.7% | +10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vagabond Missions with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Vagabond Missions allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $470K, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.9%.
Executive Compensation Analysis
Vagabond Missions consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size and growth.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Vagabond Missions's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($3,646,709 vs. $3,177,135) and 2022 ($3,893,589 vs. $3,428,973)
- Increasing liabilities, reaching $922,909 in 2023 from $204,048 in 2020
Strengths
The following positive indicators were identified for Vagabond Missions:
- Consistent 0% officer compensation across all filings, indicating strong financial stewardship
- Significant revenue growth over the past decade, from $374,826 in 2014 to $3,177,135 in 2023
- Substantial asset growth, from $112,881 in 2014 to $1,622,374 in 2023
- Strong program focus, with a high percentage of spending directed towards mission-related activities
Frequently Asked Questions about Vagabond Missions
Is Vagabond Missions a legitimate charity?
Vagabond Missions (EIN: 203891942) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.3M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Vagabond Missions spend its money?
Vagabond Missions directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Vagabond Missions tax-deductible?
Vagabond Missions is registered as a tax-exempt nonprofit (EIN: 203891942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vagabond Missions's spending goes to programs?
Vagabond Missions directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vagabond Missions compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vagabond Missions is above average for NTEE category O20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vagabond Missions located?
Vagabond Missions is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 203891942. It is classified under NTEE code O20.
How many years of IRS 990 filings does Vagabond Missions have?
Vagabond Missions has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.3M in total revenue.
Is Vagabond Missions a good charity?
Based on the available data, Vagabond Missions appears to be a good charity. It demonstrates a strong commitment to its mission with 0% officer compensation and a significant portion of its spending directed towards programs. While there have been periods of deficit spending, its overall growth and program focus are positive indicators.
How has Vagabond Missions' revenue grown over time?
Vagabond Missions has shown substantial revenue growth, increasing from $374,826 in 2014 to $3,177,135 in 2023, indicating a strong ability to attract funding and support its operations.
What is the trend in Vagabond Missions' liabilities?
Vagabond Missions' liabilities have generally increased over the past few years, rising from $204,048 in 2020 to $922,909 in 2023. This trend warrants monitoring to ensure financial stability.
Filing History
IRS 990 filing history for Vagabond Missions showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vagabond Missions's revenue has grown by 1284.8%, moving from $229K to $3.2M. Total assets increased by 2356.1% over the same period, from $66K to $1.6M. Total functional expenses rose by 1316.2%, from $257K to $3.6M. In its most recent filing year (2023), Vagabond Missions reported a deficit of $470K, with expenses exceeding revenue. The organization holds $923K in liabilities against $1.6M in assets (debt-to-asset ratio: 56.9%), resulting in net assets of $699K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.6M | $1.6M | $923K | — | — |
| 2022 | $3.4M | $3.9M | $1.9M | $689K | — | View 990 |
| 2021 | $3.4M | $3.0M | $2.3M | $622K | — | View 990 |
| 2020 | $2.3M | $1.8M | $1.4M | $204K | — | View 990 |
| 2019 | $1.2M | $1.2M | $431K | $38K | — | View 990 |
| 2018 | $983K | $883K | $388K | $21K | — | View 990 |
| 2017 | $699K | $701K | $290K | $23K | — | View 990 |
| 2016 | $592K | $490K | $278K | $8K | — | View 990 |
| 2015 | $407K | $373K | $138K | $-28,875 | — | View 990 |
| 2014 | $375K | $300K | $113K | $-57,017 | — | View 990 |
| 2013 | $321K | $259K | $95K | $33 | — | View 990 |
| 2012 | $215K | $246K | $34K | $-111 | — | View 990 |
| 2011 | $229K | $257K | $66K | $292 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.6M, and assets of $1.6M (revenue -7.3% year-over-year).
- 2022: Revenue of $3.4M, expenses of $3.9M, and assets of $1.9M (revenue +0.4% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.0M, and assets of $2.3M (revenue +48.2% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.8M, and assets of $1.4M (revenue +89.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $431K (revenue +23.4% year-over-year).
- 2018: Revenue of $983K, expenses of $883K, and assets of $388K (revenue +40.8% year-over-year).
- 2017: Revenue of $699K, expenses of $701K, and assets of $290K (revenue +18.0% year-over-year).
- 2016: Revenue of $592K, expenses of $490K, and assets of $278K (revenue +45.4% year-over-year).
- 2015: Revenue of $407K, expenses of $373K, and assets of $138K (revenue +8.6% year-over-year).
- 2014: Revenue of $375K, expenses of $300K, and assets of $113K (revenue +16.8% year-over-year).
- 2013: Revenue of $321K, expenses of $259K, and assets of $95K (revenue +49.2% year-over-year).
- 2012: Revenue of $215K, expenses of $246K, and assets of $34K (revenue -6.2% year-over-year).
- 2011: Revenue of $229K, expenses of $257K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vagabond Missions:
Data Sources and Methodology
This transparency report for Vagabond Missions is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.