Village Improvement Society of Gilbertsville N Y

Analysis

Village Improvement Society of Gilbertsville N Y is a registered charity in United States, based in Gilbertsville, NY. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Village Improvement Society of Gilbertsville N Y reported income of $63k and spending of $23k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $39k to $63k (+60%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 47% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Village Improvement Society of Gilbertsville N Y sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Camps for Spiffy-Kyds Inc ($63k), Youth Stars Inc ($63k) and Latino Youth Development Collaborative-Lydc ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 0.6% of the total. At year end it held assets of $642k against liabilities of $0, net assets of $642k.