Vermont Sheep and Wool Festival

Analysis

Vermont Sheep and Wool Festival is a registered charity in United States, based in Peacham, VT. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Sheep and Wool Festival reported income of $68k and spending of $62k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $68k (+3.3%), an average of +3.3% a year. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vermont Sheep and Wool Festival sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 18th percentile within VT. Charities of a similar size with the same main cause include United Lebanese Social and Cultural Society Inc ($68k), Turlock Certified Farmers Market ($68k) and Natural Men and Natural Women Organization Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $38k against liabilities of $11k, net assets of $26k.