United Way of Rutland County Vermont Inc

Analysis

United Way of Rutland County Vermont Inc is a registered charity in United States, based in Rutland, VT. It received its IRS tax-exemption ruling in September 1973, 53 years ago. 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, United Way of Rutland County Vermont Inc reported income of $425k and spending of $400k, spending 94% of its income. Across the 6 years on record, from August 2019 to December 2023, income fell from $562k to $425k (-24%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income rose by 150%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Rutland County Vermont Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 61st percentile within VT. Charities of a similar size with the same main cause include Central County Center Inc ($425k), PTA New York Congress ($425k) and The Sober Place ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $66k (17% of expenses). Other salaries and wages came to $12k. At year end it held assets of $242k against liabilities of $37k, net assets of $205k. It reported 3 employees.