Building A Local Economy is a 501(c)(3) organization based in S Royalton, Vermont, registered in 2014, with $263,876 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$264K
▲ 45.4% vs prior year
Community median: $184K
Expenses (FY2024)
$169K
Net assets
$187K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Building A Local Economy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Building A Local Economy: 13 mo reserves · +36% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Building A Local Economy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Building A Local Economy: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $98K (FY2015) to $264K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
36.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$188K
Total liabilities
$709
Net assets
$187K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $263,876▲45.4% | $168,618▼9.1% | $187,386▲103% | $188,095▲103% | 990 |
| 2023 | $181,489▼7.8% | $185,432▲7.3% | $92,128▼4.1% | $92,764▼4.1% | 990EZ |
| 2022 | $196,948▲3.0% | $172,870▼3.7% | $96,071▲33.4% | $96,734▲33.7% | 990EZ |
| 2021 | $191,119▲12.9% | $179,604▲10.3% | $71,993▲19.0% | $72,333▲17.5% | 990EZ |
| 2020 | $169,219▲71.3% | $162,812▲65.8% | $60,478▲11.8% | $61,554▲11.6% | 990EZ |
| 2019 | $98,789▼15.1% | $98,184▼29.8% | $54,071▲1.1% | $55,153▲1.0% | 990EZ |
| 2018 | $116,314▼32.6% | $139,832▼10.6% | $53,466▼30.5% | $54,581▼29.3% | 990EZ |
| 2017 | $172,558▲36.1% | $156,440▲33.8% | $76,984▲26.5% | $77,251▲26.3% | 990EZ |
| 2016 | $126,754▲30.0% | $116,964▲148% | $60,866▲19.2% | $61,145▲17.7% | 990EZ |
| 2015 | $97,516 | $47,116 | $51,076 | $51,946 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
13 grants to Building A Local Economy totaling $706K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Impactassets Inc | General support | 2024 | $125,000 |
| Impactassets Inc | South royalton resilience hub | 2023 | $125,000 |
| Vermont Community Foundation | General purpose | 2023 | $6,450 |
| Impactassets Inc | Soro resilience fund | 2022 | $125,000 |
| Vermont Community Foundation | General purpose | 2022 | $17,500 |
| Impactassets Inc | Soro resilience hub | 2021 | $125,000 |
| Vermont Community Foundation | General purpose | 2021 | $12,500 |
| Impactassets Inc | General support | 2020 | $100,000 |
| Vermont Community Foundation | Gen. purpose | 2019 | $17,000 |
| Vermont Community Foundation | Gen. support | 2018 | $15,250 |
| Community Foundation of Greater Memphis Inc | General operational support | 2018 | $100 |
| Vermont Community Foundation | Gen. support | 2017 | $25,000 |
| Vermont Community Foundation | Gen. support | 2016 | $12,500 |
Explore more
Data for Building A Local Economy (EIN 27-4850835) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.