Vermont Commons School
Analysis
Vermont Commons School is a registered charity in United States, based in S Burlington, VT. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Vermont Commons School reported income of $3.3m and spending of $3.1m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.9m to $3.3m (+14%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Vermont Commons School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within VT. Charities of a similar size with the same main cause include Farmington Village Green and Library Assoc ($3.3m), Highlands School Inc ($3.3m) and 5280 High School ($3.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $234k (7.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.0m against liabilities of $3.3m, net assets of $3.7m. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 85%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Farmington Village Green and Library Assoc | Farmington | $3.3m |
| Highlands School Inc | Bel Air | $3.3m |
| 5280 High School | Denver | $3.3m |
| Embry-Riddle Aeronautical University Asia Ltd | Daytona Beach | $3.3m |