Vermillion Civic Council Inc

Analysis

Vermillion Civic Council Inc is a registered charity in United States, based in Vermillion, SD. It received its IRS tax-exemption ruling in March 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Vermillion Civic Council Inc reported income of $258k and spending of $271k, spending 105% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $171k to $258k (+51%), an average of +11% a year. The sharpest change came in the year to March 2022, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vermillion Civic Council Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within SD. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($258k), Women Empowering Women for Indian Nations ($258k) and Rogue Credit Union Foundation Inc ($258k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.3% of the total. Other salaries and wages came to $172k. At year end it held assets of $83k against liabilities of $28k, net assets of $55k. It reported 13 employees.