Vermont Energy Education Program Incorporated

Analysis

Vermont Energy Education Program Incorporated is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in June 2013, 13 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 December 2023, Vermont Energy Education Program Incorporated reported income of $375k and spending of $546k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $764k to $375k (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vermont Energy Education Program Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 59th percentile within VT. Charities of a similar size with the same main cause include Sharon School of Excellence Inc ($375k), Plumfield Academy Inc ($375k) and Marine Credit Union Foundation Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $77k (14% of expenses). Other salaries and wages came to $287k. At year end it held assets of $167k against liabilities of $29k, net assets of $138k. It reported 13 employees.