Vermont Works for Women Inc

Analysis

Vermont Works for Women Inc is a registered charity in United States, based in Winooski, VT. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 June 2024, Vermont Works for Women Inc reported income of $1.3m and spending of $1.4m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $960k to $1.3m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vermont Works for Women Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within VT. Charities of a similar size with the same main cause include Vision Galveston Inc ($1.3m), Cultivando ($1.3m) and So Cal CDC ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $109k (7.5% of expenses). Other salaries and wages came to $828k. At year end it held assets of $1.5m against liabilities of $150k, net assets of $1.3m. It reported 32 employees.