Vermont Humanities Council

Analysis

Vermont Humanities Council is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in July 1976, 50 years ago. 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 Humanities Council reported income of $2.0m and spending of $2.3m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.0m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vermont Humanities Council sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within VT. Charities of a similar size with the same main cause include Colorado Lifted Foundation ($2.0m), Hmong American Center Inc ($2.0m) and Southern Evangelical Seminary Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $142k (6.1% of expenses). Other salaries and wages came to $598k. At year end it held assets of $3.3m against liabilities of $208k, net assets of $3.1m. It reported 18 employees.