Vermont Rural Water Association

Analysis

Vermont Rural Water Association is a registered charity in United States, based in Essex Junction, VT. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Vermont Rural Water Association reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $926k to $1.4m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vermont Rural Water Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within VT. Charities of a similar size with the same main cause include Teamster Rank and File Education and Legal Defense Foundation ($1.4m), St Lukes Williamsbrige Housing Development Fund Company Inc ($1.4m) and Boca Grande Womans Club Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $74k (5.6% of expenses). Other salaries and wages came to $568k. At year end it held assets of $941k against liabilities of $211k, net assets of $730k. It reported 13 employees.