Champlain Valley Exposition Inc

Analysis

Champlain Valley Exposition Inc is a registered charity in United States, based in Essex JCT, VT. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Champlain Valley Exposition Inc reported income of $5.1m and spending of $5.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $5.1m (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 264%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Champlain Valley Exposition Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VT. Charities of a similar size with the same main cause include Valley of the Sun Bowl Foundation ($5.1m), Outward Bound California ($5.1m) and Ussa Investment Fund ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $177k (3.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $7.4m against liabilities of $992k, net assets of $6.4m. It reported 282 employees.