Vermont Antique Automobile Society Inc

Analysis

Vermont Antique Automobile Society Inc is a registered charity in United States, based in Colchester, VT. It received its IRS tax-exemption ruling in August 2010, 16 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vermont Antique Automobile Society Inc reported income of $59k and spending of $50k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $59k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vermont Antique Automobile Society Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 15th percentile within VT. Charities of a similar size with the same main cause include Black Rock Riverside Little League Football Inc ($59k), Junior Highlanders Track Club ($59k) and Easton Tigers Youth Lacrosse ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.