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Vermont Natural Resources Council Inc

RegisteredEIN 03-0223731Montpelier, VTEnvironment and conservation
Income$2.1m2023-06
Spending$2.2msame year
Spent / received87%5-year average
Size in its cause86th pctEnvironment and conservation
Exempt since1970Publicly supported organisat
Employees19latest return

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

$0$557k$1.1m$1.7m$2.2m2019 Income: $1,773,9692019 Spending: $1,279,11920192020 Income: $2,226,9762020 Spending: $1,931,73520202021 Income: $1,737,8862021 Spending: $1,483,93720212022 Income: $2,210,6202022 Spending: $1,822,86020222023 Income: $2,091,3272023 Spending: $2,191,2202023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Program services 0.6%
  • Other 7.8%

Similar-sized charities, same cause

CharityLocationIncome
Cleantech Partners IncMadison$2.1m
Corporacion Para LA Conservacion Etnoecologica Criolla IncCaguas$2.1m
Coalition for Sustainable InitiativesWhitefish Bay$2.1m
Riveredge Nature Center IncNewburg$2.1m