Broc-Community Action in Southwestern Vermont

Analysis

Broc-Community Action in Southwestern Vermont is a registered charity in United States, based in Rutland, VT. It received its IRS tax-exemption ruling in June 1972, 54 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Broc-Community Action in Southwestern Vermont reported income of $7.8m and spending of $7.8m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.4m to $7.8m (+44%), an average of +9.6% a year. The sharpest change came in the year to September 2021, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Broc-Community Action in Southwestern Vermont sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VT. Charities of a similar size with the same main cause include Life House ($7.8m), Macon Program for Progress Inc ($7.8m) and The Promesa Housing Development Fund Corporation ($7.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $223k (2.9% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $4.4m against liabilities of $2.7m, net assets of $1.7m. It reported 100 employees.