Vermont Natural Resources Council Inc
Analysis
Vermont Natural Resources Council Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Natural Resources Council Inc reported income of $2.1m and spending of $2.2m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.1m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 87% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Vermont Natural Resources Council Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within VT. Charities of a similar size with the same main cause include Cleantech Partners Inc ($2.1m), Corporacion Para LA Conservacion Etnoecologica Criolla Inc ($2.1m) and Coalition for Sustainable Initiatives ($2.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $115k (5.3% of expenses). Other salaries and wages came to $868k. At year end it held assets of $7.2m against liabilities of $143k, net assets of $7.1m. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 0.6%
- Other 7.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cleantech Partners Inc | Madison | $2.1m |
| Corporacion Para LA Conservacion Etnoecologica Criolla Inc | Caguas | $2.1m |
| Coalition for Sustainable Initiatives | Whitefish Bay | $2.1m |
| Riveredge Nature Center Inc | Newburg | $2.1m |