Umbrella of St Johnsbury Inc

Analysis

Umbrella of St Johnsbury Inc is a registered charity in United States, based in St Johnsbury, VT. It received its IRS tax-exemption ruling in May 1981, 45 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, Umbrella of St Johnsbury Inc reported income of $2.7m and spending of $2.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.7m (+95%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Umbrella of St Johnsbury 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 SMCWC - Crossroads Housing Inc ($2.7m), World Farmers Inc ($2.7m) and National Association of Investors Corporation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $90k (3.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.6m against liabilities of $539k, net assets of $1.0m. It reported 47 employees.