Vermont Association of the Education of Young Children

Analysis

Vermont Association of the Education of Young Children is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Vermont Association of the Education of Young Children reported income of $1.5m and spending of $1.9m, spending 121% of what it took in. Across the 5 years on record, from May 2020 to June 2023, income grew from $569k to $1.5m (+172%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 1586%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vermont Association of the Education of Young Children sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within VT. Charities of a similar size with the same main cause include Oconnell High School Foundation ($1.5m), Center for Marine Education & Recreation at Oyster Bay Inc ($1.5m) and A Plus Kidz Academy ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $77k (4.1% of expenses). Other salaries and wages came to $402k. At year end it held assets of $1.0m against liabilities of $987k, net assets of $37k. It reported 8 employees.