Green Mountain Valley School Inc

Analysis

Green Mountain Valley School Inc is a registered charity in United States, based in Waitsfield, VT. It received its IRS tax-exemption ruling in November 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Green Mountain Valley School Inc reported income of $8.5m and spending of $9.7m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.7m to $8.5m (-12%), an average of -3.3% a year. The sharpest change came in the year to June 2021, when income dropped by 28%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Green Mountain Valley School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VT. Charities of a similar size with the same main cause include Library Foundation of Los Angeles ($8.5m), Sattler College Inc ($8.5m) and Greensboro Academy Inc ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $281k (2.9% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $22.8m against liabilities of $4.2m, net assets of $18.6m. It reported 102 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.