Vermont Center for Independent Living Vcil

Analysis

Vermont Center for Independent Living Vcil is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Vermont Center for Independent Living Vcil reported income of $3.5m and spending of $3.1m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.0m to $3.5m (+15%), an average of +3.5% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vermont Center for Independent Living Vcil sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VT. Charities of a similar size with the same main cause include Advanced Living Inc ($3.5m), Neighborworks Boise ($3.5m) and Shelter Solano Inc ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 85% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $105k (3.4% of expenses). Other salaries and wages came to $804k. At year end it held assets of $1.9m against liabilities of $423k, net assets of $1.5m. It reported 32 employees.