Hunger Mountain Childrens Center Inc

Analysis

Hunger Mountain Childrens Center Inc is a registered charity in United States, based in Waterbury, VT. It received its IRS tax-exemption ruling in December 1971, 55 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 August 2023, Hunger Mountain Childrens Center Inc reported income of $817k and spending of $885k, spending 108% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $745k to $817k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to August 2021, when income rose by 39%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hunger Mountain Childrens Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within VT. Charities of a similar size with the same main cause include Harleycare Inc ($817k), Mandela Housing Development Fund Company Inc ($817k) and Powell Senior Citizens Ago-Go Inc ($817k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Other salaries and wages came to $519k. At year end it held assets of $1.6m against liabilities of $250k, net assets of $1.4m. It reported 24 employees.