Vermont Council on Physical Fitness and Sports Inc

Analysis

Vermont Council on Physical Fitness and Sports Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in November 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, Vermont Council on Physical Fitness and Sports Inc reported income of $142k and spending of $134k, spending 94% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $219k to $142k (-35%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vermont Council on Physical Fitness and Sports Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 36th percentile within VT. Charities of a similar size with the same main cause include American Foundation for Hungarian Literature and Education Ltd ($142k), Newton Volunteer First Aid and Rescue Squad ($142k) and World History Association ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.