VT Info Technology Association for the Advancement of Learning

Analysis

VT Info Technology Association for the Advancement of Learning is a registered charity in United States, based in Williston, VT. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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 December 2022, VT Info Technology Association for the Advancement of Learning reported income of $304k and spending of $249k, spending 82% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $174k to $304k (+74%), an average of +74% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, VT Info Technology Association for the Advancement of Learning sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 54th percentile within VT. Charities of a similar size with the same main cause include The American Legion Legionville School Safety Patrol Training Cent ($304k), Volunteers of America Inc ($304k) and Dripping Springs Community Mission Partnership Inc ($304k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.0% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $87k (35% of expenses). At year end it held assets of $194k against liabilities of $0, net assets of $194k.