Black River Good Neighbor Services Inc

Analysis

Black River Good Neighbor Services Inc is a registered charity in United States, based in Ludlow, VT. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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 December 2023, Black River Good Neighbor Services Inc reported income of $574k and spending of $476k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $574k (+109%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black River Good Neighbor Services Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within VT. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Southwestern Illinois ($574k), Shepherds Cove Clothing Pantry Inc ($574k) and Port Huron Hospital Foundation ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). Other salaries and wages came to $137k. At year end it held assets of $654k against liabilities of $1,701, net assets of $652k. It reported 9 employees.