Elmhill Inc

Analysis

Elmhill Inc is a registered charity in United States, based in Plainfield, VT. It received its IRS tax-exemption ruling in July 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Elmhill Inc reported income of $2.6m and spending of $2.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.6m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elmhill Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within VT. Charities of a similar size with the same main cause include Partners of Change Inc ($2.6m), Jamieson Community Center Inc ($2.6m) and Southwest Area Training Service ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $91k (3.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.2m against liabilities of $366k, net assets of $797k. It reported 53 employees.