The YWCA of Vermont Inc

Analysis

The YWCA of Vermont Inc is a registered charity in United States, based in Essex JCT, VT. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The YWCA of Vermont Inc reported income of $1.0m and spending of $1.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $879k to $1.0m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The YWCA of Vermont Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within VT. Charities of a similar size with the same main cause include Oilfield Helping Hands Inc ($1.0m), Respire Ministries ($1.0m) and Cha Low Income Services Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $84k (8.2% of expenses). Other salaries and wages came to $359k. At year end it held assets of $1.9m against liabilities of $100k, net assets of $1.8m. It reported 63 employees.