Counseling Service of Addison County Inc

Analysis

Counseling Service of Addison County Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in February 1963, 63 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Counseling Service of Addison County Inc reported income of $32.9m and spending of $27.8m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.2m to $32.9m (+41%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Counseling Service of Addison County Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VT. Charities of a similar size with the same main cause include American Osteopathic Association ($32.9m), Hamilton Health Center Inc ($32.9m) and Camcare Health Corp ($32.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $253k (0.9% of expenses). Other salaries and wages came to $14.3m. At year end it held assets of $19.2m against liabilities of $6.1m, net assets of $13.1m. It reported 333 employees.