Vermont Low Income Trust For Electricity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,034,946 | 646,778 | 388,168 | 193.7 | 0% |
| 2021 | 1,034,699 | 1,446,068 | −411,369 | 83.2 | 0% |
| 2022 | 1,034,669 | 1,531,710 | −497,041 | 74.7 | 0% |
| 2023 | 1,051,940 | 768,383 | 283,557 | 153.5 | 0% |
In its most recent public year (2023), this organization brought in $283,557 more than it spent. Its reserves stood at about 153.5 months of spending, down from 193.7 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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