Vermont Interfaith Power and Light Inc

Analysis

Vermont Interfaith Power and Light Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in September 2009, 17 years ago. 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 Interfaith Power and Light Inc reported income of $121k and spending of $95k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $121k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vermont Interfaith Power and Light Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 32nd percentile within VT. Charities of a similar size with the same main cause include Bay County Public Library Foundation Inc ($121k), National Equal Justice Association ($121k) and Phoenixville Marian Youth Club ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $16k (17% of expenses). At year end it held assets of $844k against liabilities of $0, net assets of $844k. It reported 1 employees.