20 Armory Lane Community After- School Group Inc

Analysis

20 Armory Lane Community After- School Group Inc is a registered charity in United States, based in Vergennes, VT. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, 20 Armory Lane Community After- School Group Inc reported income of $300k and spending of $298k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $300k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 103% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 20 Armory Lane Community After- School Group Inc sits at the 68th percentile: it is larger than about 68% 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 Wisconsin Adaptive Sports Association Inc ($300k), Alpha Soccer Academy ($300k) and Wichita County Junior Livestock ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $68k (23% of expenses). Other salaries and wages came to $52k. At year end it held assets of $476k against liabilities of $11k, net assets of $465k. It reported 9 employees.