Vermont Association for Mental Health and Addiction Recovery Inc

Analysis

Vermont Association for Mental Health and Addiction Recovery Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in August 1952, 74 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, Vermont Association for Mental Health and Addiction Recovery Inc reported income of $962k and spending of $1.0m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $533k to $962k (+81%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 133%. 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, Vermont Association for Mental Health and Addiction Recovery Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within VT. Charities of a similar size with the same main cause include Transcendence Children and Family Services ($962k), Patient Assistance Foundation ($962k) and Indiana Healthcare Foundation ($962k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $150k (15% of expenses). Other salaries and wages came to $372k. At year end it held assets of $389k against liabilities of $56k, net assets of $332k. It reported 14 employees.