Vestwood Education

Analysis

Vestwood Education is a registered charity in United States, based in Redwood Falls, MN. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Vestwood Education reported income of $391k and spending of $218k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $431k to $391k (-9.3%), an average of -2.4% a year. The sharpest change came in the year to December 2020, when income rose by 80%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vestwood Education sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Sheet Metal Local 7 Zone 3 Apprenti Ceship Fund ($391k), Federation of International Assoc for Public Participation ($391k) and Shumway Academy Ltd ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $2.4m against liabilities of $20k, net assets of $2.4m.