The IRS periodically compiles US nonprofit tax filings and released its latest Business Master File in February 2016. Common Good Vermont took a quick look at the numbers in preparation for Vermont Nonprofit Legislative Day on Friday March 11th at the Vermont Statehouse. This includes tax returns filed for organizationals with tax periods as recent as December 2015. But it also includes data from 2012 fiscal years.
Vermont’s Nonprofit Sector: By the Numbers
Total number of Vermont public charities: 3991
Total annual revenue: $5.96 Billion
Percentage of Vermont Gross State Product (GSP): 20%
Vermont nonprofits paid $1.9 billion in wages in 2014.
There are 6.4 nonprofits per 1,000 Vermonters.
As of February 2016, the IRS Exempt Organizations Business Master File reports 5284 Vermont 501(c)(3) organizations filing forms 990 or 990 EZ. These 501(c)(3)’s include private foundations (293) and “public charities” (3991). Public Charities include a variety of sub-sectors such as nonprofit hospitals, colleges, and religious groups. Other types of nonprofit organizations (1518) that are not 501(c)(3) include business leagues, credit unions, social clubs, etc.
|Nonprofit Organizations||Filers 2/16||Revenues 2/16|
|Complete File Total||5802|
|Not 501 c 3s Total||1518|
|501 c 3s Total||4284||$7,159,151,754.00|
Without nonprofit colleges, universities, hospitals and religious organizations, the number of Vermont nonprofits becomes 3,540, the total revenue drops to $2.3 billion and the percentage of Vermont GSP generated by the sector changes to 7.8%
College and university data does not include the University of Vermont which is categorized as a government entity and reports no revenue. Churches do not report revenue on their 990’s.
The state’s largest number of public charities include Health & Human Services (20%), Arts/ Culture (17%), Community/ Economic Development (15%) and Education (14%). The significant revenue generators are Health and Human Services (62%) and Education (21%).
|% Filers 2016||% Revenue||# Filers 2016|
|Arts and Culture||16.7%||2.1%||667|
|Civil Rights/Social Justice||1.7%||0.4%||67|
|Health and Human Services||20.2%||62.8%||808|
|International Affairs *||1.6%||2.8%||65|
|Hunger/Food Security and Agriculture||1.6%||0.5%||63|
The vast majority of Vermont public charities generate less than $100,000.
In fact 2242 of these organizations report no revenue at all. 86% of public charities earned $500,000 or less in their last fiscal year.
|Public Charity Revenue||% of Filers 2/16||# Filers 2/16|
|$5mil to 10mil||4%||145|
|$1mil to $5mil||6%||238|
|$500k to $1mil||4%||179|
|$100k to 500k||16%||652|
|Less than $100,000||70%||2777|
Vermonters are more likely to volunteer time than money to community causes.
Average contribution per itemized Vermont return: $4,085
Vermont’s average contribution in 2013 is 76% of the national average ($5,336)
Total number of hours volunteered by Vermonters in 2014: 22.1 million
Vermont ranks seventh in the nation for its volunteer rate and fifth in the nation for its teenage volunteer rate.
The value of Vermont’s volunteer time in 2014: $509.5 million
Distribution of nonprofits across the state conform largely with regional population size although revenue and results vary.
Chittenden, Washington and Windham counties report the largest concentration of public charities in the state. Franklin county has the greatest density of these nonprofits with 24 per 1000 residents. The state average is 6.4. At the same time, this northeastern county reflects one of the highest poverty rates in Vermont. There are stories to be told about these numbers.
|Public Charities Vermont County||% Filers||% Revenue||Numbers Filing 2/16||Per Capita||Public Charities per 1000 Population||% Persons below poverty level, 2009-2013|
See last year’s data in more detail at Fast Facts: The Economic Power of Vermont’s Nonprofit Sector. The site also features an interactive look at the numbers for September 2015.
- Exempt Organizations Business Master File Extract 2/16 (updated monthly)
- Master File Extract Instructions
- VT Economic and Demographic Profile Series 2015, http://www.vtlmi.info/profile2015.pdf
- National Center for Charitable Statistics Profiles of Individual Charitable Contributions by State: 2013
- Corporation for National and Community Service Volunteering and Civic Life in America 2015
- Vermont Population Quick Facts Vermont Population by County
- Vermont Poverty Rate by County