Weston Community Association Inc

Analysis

Weston Community Association Inc is a registered charity in United States, based in Weston, VT. It received its IRS tax-exemption ruling in June 1944, 82 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Weston Community Association Inc reported income of $299k and spending of $388k, spending 130% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $214k to $299k (+40%), an average of +8.7% a year. The sharpest change came in the year to October 2023, when income rose by 104%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Weston Community Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 54th percentile within VT. Charities of a similar size with the same main cause include Chicago Cultural Performing Arts and Media Alliance ($299k), Freedom Archives ($299k) and LA State Penitentiary Museum Foundation Inc ($299k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 83% and program service revenue 12% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.