Lake Champlain Lifelong Learning Fund Inc

Analysis

Lake Champlain Lifelong Learning Fund Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 September 2023, Lake Champlain Lifelong Learning Fund Inc reported income of $287k and spending of $134k, leaving 53% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $286k to $287k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to September 2021, when income rose by 338%. Over the whole period it spent 40% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lake Champlain Lifelong Learning Fund Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 53rd percentile within VT. Charities of a similar size with the same main cause include The Chattery ($286k), Binghamton Regional Sustainability Coalition ($287k) and Diversity Pledge Institute ($286k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 22% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.2m against liabilities of $77, net assets of $1.2m.