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Vermont Rural Education Collaborative Inc

RegisteredEIN 03-0360919Derby, VTEducation and training
Income$350k2024-06
Spending$285ksame year
Spent / received96%3-year average
Size in its cause63rd pctEducation and training
Exempt since1999Publicly supported organisat
Employees1latest return

Analysis

Vermont Rural Education Collaborative Inc is a registered charity in United States, based in Derby, VT. It received its IRS tax-exemption ruling in August 1999, 27 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 Rural Education Collaborative Inc reported income of $350k and spending of $285k, spending 82% of its income. Across the 3 years on record, from June 2020 to June 2024, income grew from $213k to $350k (+64%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 130%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vermont Rural Education Collaborative Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 57th percentile within VT. Charities of a similar size with the same main cause include Blessed Sacrament School Endowment Fund Inc ($350k), Policy Innovators in Education Network Inc ($350k) and Propel Education Forum of Mississippi Inc ($350k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $70k (25% of expenses). At year end it held assets of $231k against liabilities of $45k, net assets of $186k. It reported 1 employees.

Income and spending

$0$87k$175k$262k$350k2020 Income: $213,0262020 Spending: $213,05220202023 Income: $151,8082023 Spending: $190,59420232024 Income: $349,6132024 Spending: $285,4362024
IncomeSpending

Where the income comes from

  • Contributions & grants 41%
  • Program services 59%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Blessed Sacrament School Endowment Fund IncMadison$350k
Policy Innovators in Education Network IncMinneapolis$350k
Propel Education Forum of Mississippi IncJackson$350k
Utah Science Teachers Association 2009Riverton$350k