Vermont Ethics Network Inc

Analysis

Vermont Ethics Network Inc 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 (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 2024, Vermont Ethics Network Inc reported income of $466k and spending of $452k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $312k to $466k (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income dropped by 100%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vermont Ethics Network Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 63rd percentile within VT. Charities of a similar size with the same main cause include Heritage Ranch Inc ($466k), New Jersey Resource Project ($466k) and Childrens Center Inc ($466k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $124k (28% of expenses). Other salaries and wages came to $73k. At year end it held assets of $126k against liabilities of $39k, net assets of $87k. It reported 3 employees.