Community Engagement Lab Inc

Analysis

Community Engagement Lab Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2021, Community Engagement Lab Inc reported income of $267k and spending of $364k, spending 136% of what it took in. Across the 2 years on record, from June 2020 to June 2021, income fell from $321k to $267k (-17%), an average of -17% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Engagement Lab Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 51st percentile within VT. Charities of a similar size with the same main cause include Diana Initiative Inc ($267k), Flourish Alabama ($268k) and Community Little Theatre Corp ($267k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 96% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $97k (27% of expenses). Other salaries and wages came to $106k. At year end it held assets of $184k against liabilities of $259k, net assets of -$75k. It reported 8 employees.