Green Mountain Club Inc

Analysis

Green Mountain Club Inc is a registered charity in United States, based in Waterbury Ctr, VT. It received its IRS tax-exemption ruling in April 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Green Mountain Club Inc reported income of $3.7m and spending of $2.7m, leaving 28% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $3.0m to $3.7m (+23%), an average of +5.3% a year. The sharpest change came in the year to April 2024, when income rose by 86%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Green Mountain Club Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VT. Charities of a similar size with the same main cause include Vocational Services Clay Platte Retarded Childrens Co Inc ($3.7m), Council on Strategic Risks ($3.7m) and Moravian Homes Inc ($3.7m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 80% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $120k (4.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $16.1m against liabilities of $282k, net assets of $15.8m. It reported 76 employees.