Village Improvement Society Inc

Analysis

Village Improvement Society Inc is a registered charity in United States, based in Lyndonville, VT. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Village Improvement Society Inc reported income of $90k and spending of $89k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $90k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Village Improvement Society Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 25th percentile within VT. Charities of a similar size with the same main cause include Central Youth Cal Ripken League ($90k), Hart County Fair Association Inc ($90k) and United Age Group Track Coaches Association ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 63% of the total. At year end it held assets of $223k against liabilities of $0, net assets of $223k.