Vermont Community Foundation
Vermont Community Foundation: Strong Asset Growth, Consistent Program Spending
EIN: 222712160 · Middlebury, VT · NTEE: T310 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $65.6M |
| Total Expenses | $48.6M |
| Program Spending | 85% |
| Net Assets | $345.3M |
| Transparency Score | 85/100 |
Is Vermont Community Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vermont Community Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vermont Community Foundation
Vermont Community Foundation (EIN: 222712160) is a nonprofit organization based in Middlebury, VT, classified under NTEE code T310. The organization reported total revenue of $65.6M and total assets of $370.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vermont Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vermont Community Foundation is a major nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $52.8M |
| Total Expenses | $48.6M |
| Surplus / Deficit | +$4.2M |
| Total Assets | $358.2M |
| Total Liabilities | $12.9M |
| Net Assets | $345.3M |
| Operating Margin | 8.0% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 88.5 months |
Financial Health Grade: A
In 2023, Vermont Community Foundation reported a surplus of $4.2M with revenue exceeding expenses, holds 88.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vermont Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.8% | +22.2% | +13.1% |
| 2022 | -49.8% | -5.3% | -15.1% |
| 2021 | +103.1% | +25.2% | +20.0% |
| 2020 | +24.7% | +17.4% | +7.1% |
| 2019 | -6.1% | +35.1% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vermont Community Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Vermont Community Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.6%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no direct compensation reported in these specific line items, which warrants further investigation into the full 990 for detailed compensation figures.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Vermont Community Foundation:
- Significant asset growth from $207M in 2016 to $370M in 2023, indicating strong financial health and donor confidence.
- Consistent high percentage of expenses dedicated to programs, averaging around 85% over the years.
- Healthy revenue streams, with notable peaks in 2021 ($79.7M) and 2023 ($65.6M).
Frequently Asked Questions about Vermont Community Foundation
Is Vermont Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Community Foundation (EIN: 222712160) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Vermont Community Foundation spend its money?
Vermont Community Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vermont Community Foundation tax-deductible?
Vermont Community Foundation is registered as a tax-exempt nonprofit (EIN: 222712160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vermont Community Foundation's spending goes to programs?
Vermont Community Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vermont Community Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vermont Community Foundation is above average for NTEE category T310 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vermont Community Foundation located?
Vermont Community Foundation is headquartered in Middlebury, Vermont and files with the IRS under EIN 222712160. It is classified under NTEE code T310.
How many years of IRS 990 filings does Vermont Community Foundation have?
Vermont Community Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $65.6M in total revenue.
What does Vermont Community Foundation do?
Vermont Community Foundation is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Middlebury, Vermont. It is classified under NTEE code T310.
How much revenue does Vermont Community Foundation have?
Vermont Community Foundation reported total revenue of $65,647,422. Based on 13 IRS 990 filings on record.
What are Vermont Community Foundation's total assets?
Vermont Community Foundation holds total assets of $370,629,507 as reported in IRS 990 filings.
Where is Vermont Community Foundation located?
Vermont Community Foundation is based in Middlebury, Vermont.
What is Vermont Community Foundation's EIN?
Vermont Community Foundation's Employer Identification Number (EIN) is 222712160. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Vermont Community Foundation?
Vermont Community Foundation is classified under NTEE code T310 (Philanthropy, Voluntarism & Grantmaking).
Is Vermont Community Foundation a registered 501(c)(3)?
Yes, Vermont Community Foundation is recognized as a tax-exempt organization by the IRS. EIN: 222712160.
Does Vermont Community Foundation file IRS Form 990?
Yes, Vermont Community Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Vermont Community Foundation's revenue in 2023?
In the 202312 filing period, Vermont Community Foundation reported total revenue of $52,792,202, total expenses of $48,590,731, and net assets of $358,219,150.
Is Vermont Community Foundation's revenue growing or declining?
Vermont Community Foundation's revenue is growing. Revenue went from $40,050,864 (202212) to $52,792,202 (202312), a +31.8% change. Based on 13 filings on record.
What is Vermont Community Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Vermont Community Foundation covers tax period 202312. It shows revenue of $52,792,202, expenses of $48,590,731, total assets of $358,219,150, and liabilities of $12,878,428.
How much does Vermont Community Foundation spend on programs vs administration?
Based on IRS 990 analysis, Vermont Community Foundation allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Vermont Community Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Vermont Community Foundation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Vermont Community Foundation's strengths?
Positive indicators for Vermont Community Foundation include: Significant asset growth from $207M in 2016 to $370M in 2023, indicating strong financial health and donor confidence.. Consistent high percentage of expenses dedicated to programs, averaging around 85% over the years.. Healthy revenue streams, with notable peaks in 2021 ($79.7M) and 2023 ($65.6M).. These findings are derived from AI analysis of the organization's financial filings.
How does Vermont Community Foundation compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no direct compensation reported in these specific line items, which warrants further investigation into the full 990 for detailed compensation figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the 'c0%' in the financial filings relate to actual executive compensation, and where can more detailed compensation figures be found?
The 'c0%' likely indicates that compensation is not reported in the specific 'compensation' field within the provided summary data. Detailed executive compensation, including salaries and benefits for key employees, would be found in Part VII, Section A of the organization's full IRS Form 990.
Given the substantial asset growth, what strategies does the Vermont Community Foundation employ to manage and invest its endowment for long-term impact?
While not explicitly detailed in the provided data, community foundations typically employ diversified investment strategies managed by professional advisors to grow their endowments. This allows them to provide sustained grantmaking and support to the community over the long term, often balancing growth with risk management and ethical investment considerations.
Filing History
IRS 990 filing history for Vermont Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vermont Community Foundation's revenue has grown by 104.2%, moving from $25.9M to $52.8M. Total assets increased by 183.2% over the same period, from $126.5M to $358.2M. Total functional expenses rose by 188.4%, from $16.8M to $48.6M. In its most recent filing year (2023), Vermont Community Foundation reported a surplus of $4.2M, with revenue exceeding expenses. The organization holds $12.9M in liabilities against $358.2M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $345.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $52.8M | $48.6M | $358.2M | $12.9M | — | View 990 |
| 2022 | $40.1M | $39.8M | $316.8M | $12.2M | — | View 990 |
| 2021 | $79.8M | $42.0M | $373.1M | $12.5M | — | View 990 |
| 2020 | $39.3M | $33.5M | $310.9M | $11.0M | — | View 990 |
| 2019 | $31.5M | $28.6M | $290.2M | $11.5M | — | View 990 |
| 2018 | $33.5M | $21.1M | $254.5M | $11.4M | — | View 990 |
| 2017 | $57.6M | $18.8M | $264.7M | $10.7M | — | View 990 |
| 2016 | $34.3M | $17.2M | $207.3M | $11.2M | — | View 990 |
| 2015 | $43.0M | $19.3M | $177.9M | $8.2M | — | View 990 |
| 2014 | $24.8M | $18.6M | $165.6M | $8.7M | — | View 990 |
| 2013 | $23.3M | $14.3M | $162.6M | $8.8M | — | View 990 |
| 2012 | $19.6M | $15.2M | $140.2M | $8.9M | — | View 990 |
| 2011 | $25.9M | $16.8M | $126.5M | $8.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52.8M, expenses of $48.6M, and assets of $358.2M (revenue +31.8% year-over-year).
- 2022: Revenue of $40.1M, expenses of $39.8M, and assets of $316.8M (revenue -49.8% year-over-year).
- 2021: Revenue of $79.8M, expenses of $42.0M, and assets of $373.1M (revenue +103.1% year-over-year).
- 2020: Revenue of $39.3M, expenses of $33.5M, and assets of $310.9M (revenue +24.7% year-over-year).
- 2019: Revenue of $31.5M, expenses of $28.6M, and assets of $290.2M (revenue -6.1% year-over-year).
- 2018: Revenue of $33.5M, expenses of $21.1M, and assets of $254.5M (revenue -41.8% year-over-year).
- 2017: Revenue of $57.6M, expenses of $18.8M, and assets of $264.7M (revenue +68.1% year-over-year).
- 2016: Revenue of $34.3M, expenses of $17.2M, and assets of $207.3M (revenue -20.2% year-over-year).
- 2015: Revenue of $43.0M, expenses of $19.3M, and assets of $177.9M (revenue +73.2% year-over-year).
- 2014: Revenue of $24.8M, expenses of $18.6M, and assets of $165.6M (revenue +6.6% year-over-year).
- 2013: Revenue of $23.3M, expenses of $14.3M, and assets of $162.6M (revenue +19.1% year-over-year).
- 2012: Revenue of $19.6M, expenses of $15.2M, and assets of $140.2M (revenue -24.3% year-over-year).
- 2011: Revenue of $25.9M, expenses of $16.8M, and assets of $126.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vermont Community Foundation:
Data Sources and Methodology
This transparency report for Vermont Community Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.