University of Vermont and State Agricultural College Foundation

Analysis

University of Vermont and State Agricultural College Foundation is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, University of Vermont and State Agricultural College Foundation reported income of $63.4m and spending of $37.3m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $53.3m to $63.4m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Vermont and State Agricultural College Foundation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VT. Charities of a similar size with the same main cause include Morningside University ($63.4m), Manchester University Inc ($63.4m) and Pennsylvania Leadership Charter Schools ($63.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $2.2m (5.9% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $344.1m against liabilities of $12.3m, net assets of $331.8m. It reported 85 employees.