Champlain Valley Educator Development Center Inc

Analysis

Champlain Valley Educator Development Center Inc is a registered charity in United States, based in South Burlington, VT. It received its IRS tax-exemption ruling in June 2008, 18 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 June 2023, Champlain Valley Educator Development Center Inc reported income of $486k and spending of $514k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $594k to $486k (-18%), an average of -4.9% a year. The sharpest change came in the year to June 2021, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Champlain Valley Educator Development Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 64th percentile within VT. Charities of a similar size with the same main cause include Aevolo Cycling Inc ($485k), Hicksville American Soccer Inc ($486k) and Katy Youth Basketball Inc ($485k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $138k (27% of expenses). Other salaries and wages came to $76k. At year end it held assets of $782k against liabilities of $37k, net assets of $744k. It reported 11 employees.