Wilmington Works Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To build, support, and improve a vital downtown in Wilmington, VT. We support businesses by connecting them to business support information available locally as well as attracting business from residents and locals. We attract visitation to the downtown through free public events and promotions. Through art and other investments, we make improvements to the physical space downtown.
- Income
- $258,293
- Spending
- $197,427
- Spent on programs
- 64%
- Reserves
- 13.8 months of spending
- Largest source of income
- donations and private grants, 88%
- Employees
- 2
- Volunteers
- 30
- Highest pay
- $54,684, program coordinator
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 78% of charities in its peer group (community improvement, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 13.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 24% of income.
Income trend
15 of 15Income rose 60% on the year before.
Spending floor
8 of 1564% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 75% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $64,478 spent. Facade Improvement Grant: We awarded 14 building owners a total of $150,000 to make necessary facade improvements that included a full facade change, siding, windows, painting, signage, roof, and landscaping.
- $44,255 spent. Business Plan Competition: We ran a business plan competition called Make it on Main Street to give entrepreneurs a chance to open, expand, or relocate to our Main Street in Downtown Wilmington.
- $13,026 spent. Promotions : The organization planned and executed free community events. We also produced print material and sponsored advertising to encourage tourists and residents to visit the downtown area and frequent small local businesses. Benefit to business owners and their employees via stimulating activity in the area. These events and promotions were supported in part by sponsorship by the town of Wilmington in the amount of $10,430
- $4,312 spent. Design : We completed many design projects this year around downtown, including downtown pole banners, wayfinding sign, and. maintaining our dog waste stations.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on September 15, 2017 for not filing returns for three years, and reinstated on November 15, 2018.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.