Project Success of Vermilion County Inc

Analysis

Project Success of Vermilion County Inc is a registered charity in United States, based in Danville, IL. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Project Success of Vermilion County Inc reported income of $3.0m and spending of $2.7m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $3.0m (+81%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Success of Vermilion County Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Fresno State Programs for Children Inc ($3.0m), Meridian Food Bank Inc ($3.0m) and Cuidando Los Ninos Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $893k against liabilities of $139k, net assets of $754k. It reported 144 employees.