Passionist Foundation of the State of Vermont Inc

Analysis

Passionist Foundation of the State of Vermont Inc is a registered charity in United States, based in Greensboro, VT. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Passionist Foundation of the State of Vermont Inc reported income of $71k and spending of $71k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $136k to $71k (-48%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Passionist Foundation of the State of Vermont Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 19th percentile within VT. Charities of a similar size with the same main cause include Muslim Enrichment Project ($71k), Revealing Gods Glory Inc ($71k) and Iglesia Edificando En Jesucristo Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 28% of the total. At year end it held assets of $602k against liabilities of $0, net assets of $602k.