Vermont School Boards Association

Analysis

Vermont School Boards Association is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in October 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Vermont School Boards Association reported income of $944k and spending of $938k, spending 99% of its income. Across the 6 years on record, from August 2019 to June 2024, income fell from $946k to $944k (-0.2%), an average of +-0.0% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vermont School Boards Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within VT. Charities of a similar size with the same main cause include Keyhole to Opportunity NFP ($944k), San Inc ($944k) and Youth Development Initiatives ($944k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $127k (14% of expenses). Other salaries and wages came to $368k. At year end it held assets of $778k against liabilities of $24k, net assets of $754k. It reported 7 employees.