Central Vermont Community Radio Corporation

Analysis

Central Vermont Community Radio Corporation is a registered charity in United States, based in Plainfield, VT. It received its IRS tax-exemption ruling in September 2021, 5 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, Central Vermont Community Radio Corporation reported income of $119k and spending of $128k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $119k (+4.6%), an average of +4.6% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Vermont Community Radio Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 31st percentile within VT. Charities of a similar size with the same main cause include Farmington Five Hundred Boys Club Inc ($119k), P a S O Foundation ($119k) and Foundation for the Preservation of Historic Georgetown ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.0% of the total. At year end it held assets of $53k against liabilities of $115, net assets of $53k.