Weathervane United Inc

Analysis

Weathervane United Inc is a registered charity in United States, based in Lincoln, VT. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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, Weathervane United Inc reported income of $140k and spending of $72k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $140k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weathervane United Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 35th percentile within VT. Charities of a similar size with the same main cause include Little League Baseball Inc ($140k), Long Beach Swim Club ($140k) and Union for Radical Political ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 62% of the total. At year end it held assets of $1.1m against liabilities of $74k, net assets of $1.0m.