Vermont Interfaith Action Inc
Analysis
Vermont Interfaith Action Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in February 1974, 52 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 June 2023, Vermont Interfaith Action Inc reported income of $145k and spending of $265k, spending 183% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $201k to $145k (-28%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 117%. Over the whole period it spent 80% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vermont Interfaith Action Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 36th percentile within VT. Charities of a similar size with the same main cause include Assist - Flathead Valley ($145k), Telos Foundation ($145k) and Christ the King Conference of the Society of St Vincent de Paul ($145k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $82k (31% of expenses). Other salaries and wages came to $86k. At year end it held assets of $487k against liabilities of $314k, net assets of $173k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 71%
- Other 29%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Assist - Flathead Valley | Kalispell | $145k |
| Telos Foundation | Fenton | $145k |
| Christ the King Conference of the Society of St Vincent de Paul | Richland | $145k |
| Reading-West Windsor Food Shelf Inc | Brownsville | $145k |