Vermont Congregational Home Inc

Analysis

Vermont Congregational Home Inc is a registered charity in United States, based in Newbury, VT. It received its IRS tax-exemption ruling in January 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vermont Congregational Home Inc reported income of $900k and spending of $1.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $491k to $900k (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vermont Congregational Home Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within VT. Charities of a similar size with the same main cause include Matrix a Parent Network and Resource Center ($900k), Beyond Uganda Inc ($900k) and A01 Foundation Inc ($900k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $155k (15% of expenses). Other salaries and wages came to $497k. At year end it held assets of $892k against liabilities of $116k, net assets of $776k. It reported 42 employees.