Vermont Energy Investment Corp: $123.1M Revenue, $94.4M Program Expenses
Winooski, Vermont · EIN 030304418 · Filing year 2023
Vermont Energy Investment Corp reported $123.1M in total revenue, $121.0M in total expenses, and $52.9M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($94.4M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (74/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $123.1M
- Total Expenses
- $121.0M
- Program Expenses
- $94.4M
- Program Expense Ratio
- 78.0%
- Total Assets
- $52.9M
- Reserve Months
- 5.2 months
- EIN
- 030304418
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
The efficiency rubric puts Vermont Energy Investment Corp at a B grade: a composite of 74/100 that lands above the national midpoint. The grade reflects solid program-spending discipline alongside reasonable executive compensation and financial reserves.
Annual revenue at Vermont Energy Investment Corp runs $123.1M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Vermont Energy Investment Corp directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Vermont Energy Investment Corp works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.
How Vermont Energy Investment Corp Compares
Vermont Energy Investment Corp directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 74/100 is 1 points above the Environment & Animals category average. The organization holds 5.2 months of operating reserves.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Vermont Energy Investment Corp, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Vermont Energy Investment Corp has an Efficiency Score of B (74/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Vermont Energy Investment Corp, Donor FAQ
Vermont Energy Investment Corp has an Efficiency Score of B (74/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Vermont Energy Investment Corp is not reported in the most recent IRS 990 filing on file.
Vermont Energy Investment Corp reported $123.1M in annual revenue and $121.0M in total expenses for filing year 2023. The organization holds $52.9M in total assets.
For every dollar donated to Vermont Energy Investment Corp, approximately 78.0 cents goes to program activities. The organization has 5.2 months of operating reserves, providing financial stability to sustain its mission.
Vermont Energy Investment Corp is a registered 501(c) organization with EIN 030304418, based in Winooski, Vermont. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Environment & Animals Nonprofits
Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.