Vermont Medical Society Education and Research Foundation

Analysis

Vermont Medical Society Education and Research Foundation is a registered charity in United States, based in Williamstown, VT. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Vermont Medical Society Education and Research Foundation reported income of $81k and spending of $134k, spending 167% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $386k to $81k (-79%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 59% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vermont Medical Society Education and Research Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 22nd percentile within VT. Charities of a similar size with the same main cause include Jackson County Health Foundation ($81k), Prepare Kids for Life ($81k) and Newport Food Pantry ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 15% of the total. At year end it held assets of $429k against liabilities of $0, net assets of $429k.