Shelburne Craft School Inc

Analysis

Shelburne Craft School Inc is a registered charity in United States, based in Shelburne, VT. It received its IRS tax-exemption ruling in May 1950, 76 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shelburne Craft School Inc reported income of $591k and spending of $447k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $591k (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shelburne Craft School Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within VT. Charities of a similar size with the same main cause include New Hope Memorial Community Development Corporation Inc ($591k), Dr Henele S Energetic Health Institute Corp ($591k) and Law & Leadership Institute LLC ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $65k (15% of expenses). Other salaries and wages came to $204k. At year end it held assets of $517k against liabilities of $13k, net assets of $504k. It reported 42 employees.