Southeastern Vermont Community Action Inc

Analysis

Southeastern Vermont Community Action Inc is a registered charity in United States, based in Westminster, VT. It received its IRS tax-exemption ruling in April 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 September 2023, Southeastern Vermont Community Action Inc reported income of $17.5m and spending of $18.0m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.6m to $17.5m (+164%), an average of +27% a year. The sharpest change came in the year to September 2021, when income rose by 235%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southeastern Vermont Community Action Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VT. Charities of a similar size with the same main cause include Family Promise of Tualatin Valley ($17.5m), Wabash Center Inc ($17.5m) and Ao North America Inc ($17.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $181k (1.0% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $4.4m against liabilities of $2.1m, net assets of $2.3m. It reported 124 employees.