Central Vermont Refugee Action Network Inc

Analysis

Central Vermont Refugee Action Network Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Central Vermont Refugee Action Network Inc reported income of $471k and spending of $138k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $186k to $471k (+154%), an average of +154% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 32% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Vermont Refugee Action Network Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 64th percentile within VT. Charities of a similar size with the same main cause include Tri-County Family Care Center Inc ($471k), The Connection Homeless Shelter Inc ($472k) and Ninos de Nueva Esperanza Inc ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $22k. At year end it held assets of $550k against liabilities of $8,937, net assets of $541k. It reported 1 employees.