Vermont Catholic Community Foundation Inc

Analysis

Vermont Catholic Community Foundation Inc is a registered charity in United States, based in Perkinsville, VT. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Vermont Catholic Community Foundation Inc reported income of $194k and spending of $201k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $395k to $194k (-51%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vermont Catholic Community Foundation 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 53rd percentile, and in the 44th percentile within VT. Charities of a similar size with the same main cause include United Way of the Coalfield Inc ($194k), Congenital Heart Defect Coalition ($194k) and Africas Brain Bank ($194k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. At year end it held assets of $24.1m against liabilities of $23.2m, net assets of $895k.