Vermont Youth Conservation Corps Inc

Analysis

Vermont Youth Conservation Corps Inc is a registered charity in United States, based in Richmond, VT. It received its IRS tax-exemption ruling in July 1992, 34 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 December 2023, Vermont Youth Conservation Corps Inc reported income of $11.1m and spending of $5.1m, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $11.1m (+236%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 71% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Vermont Youth Conservation Corps Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within VT. Charities of a similar size with the same main cause include Urban Ecology Center Inc ($11.1m), Conserving Carolina ($11.2m) and Center for Ecotechnology Inc ($11.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $330k (6.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $11.7m against liabilities of $1.2m, net assets of $10.6m. It reported 208 employees.