Vermont Student Development Fund Inc

Analysis

Vermont Student Development Fund Inc is a registered charity in United States, based in Winooski, VT. It received its IRS tax-exemption ruling in December 2000, 26 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 Student Development Fund Inc reported income of $13.7m and spending of $13.2m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.1m to $13.7m (+94%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vermont Student Development Fund Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VT. Charities of a similar size with the same main cause include Association of Schools and Programs of Public Health Inc ($13.7m), NC State Engineering Foundation Inc ($13.7m) and The Salem Academy ($13.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $25.2m against liabilities of $12.7m, net assets of $12.5m.