We’ve already reached over 80% of our goals for this year

charise — Fri, 12 Mar 2010 23:09:06 +0000

We’re still making progress for VITA. Our goal for this year is to prepare 1,000 tax returns, so far we have prepared 809 returns. We have also surpassed our goal of returning $1,000,000 in total refunds, we have already returned $1,288,598, and so we set a new goal for $1,500,000 in total refunds by April 15th, 2010. That gives us a little over 3 weeks to return the remaining quarter million dollars.

Total returns so far: 809

127 from SparkPoint Oakland (SPOC)

662 from the Asian Resource Center (ARC)

20 from Beehive

Total refunds so far: $1,288,598

$247,304 from SPOC

$1,011,294 from ARC

$30,000 from Beehive

Total Federal Refunds so far: almost $1,200,000

$970,381 from ARC

229,174 from SPOC

Total State Refunds so far: almost $60.000

$18,130 from SPOC

$40,913 from ARC

Total Earned Income Tax Credit (EITC): $527,764

$115,672 from SPOC

$444,634 from ARC

$12,092 from Beehive

Average Total refunds so far: Over $1,500

Average Total Refund: $1,592.82

Average State Refund: $81.44

Average EITC Refund: $652.37

Average percent EITC is of Total Refund: 41%

NED - EBALDC » goals

We’ve already reached over 80% of our goals for this year