Mad River Valley Community Fund

Analysis

Mad River Valley Community Fund is a registered charity in United States, based in Waitsfield, VT. It received its IRS tax-exemption ruling in May 1991, 35 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, Mad River Valley Community Fund reported income of $216k and spending of $321k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $216k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income rose by 116%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mad River Valley Community Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 46th percentile within VT. Charities of a similar size with the same main cause include Callao Rescue Squad Inc ($216k), 300 Main Incorporated ($216k) and Michigan Trauma Coalition Inc ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $36k. At year end it held assets of $1.1m against liabilities of $491, net assets of $1.1m. It reported 1 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.