Pride Center of Vermont Inc

Analysis

Pride Center of Vermont Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Pride Center of Vermont Inc reported income of $849k and spending of $844k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $566k to $849k (+50%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pride Center of Vermont Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within VT. Charities of a similar size with the same main cause include International Education and Welfare Society ($849k), Meals on Wheels for Fort Collins Colorado Inc ($850k) and Our House ($849k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 97% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $79k (9.4% of expenses). Other salaries and wages came to $388k. At year end it held assets of $221k against liabilities of $201k, net assets of $21k. It reported 11 employees.