Vermillion Bend Academy

Analysis

Vermillion Bend Academy is a registered charity in United States, based in Maurice, LA. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vermillion Bend Academy reported income of $153k and spending of $161k, spending 105% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $164k to $153k (-6.6%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income rose by 134%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vermillion Bend Academy sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within LA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($153k), Gildersleeve Wheeler Education Fund ($153k) and Stillwater Area Lacrosseassociation ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $185 against liabilities of $0, net assets of $185.