Mad River Valley Senior Citizens Inc

Analysis

Mad River Valley Senior Citizens Inc is a registered charity in United States, based in Waitsfield, 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, Mad River Valley Senior Citizens Inc reported income of $227k and spending of $222k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $200k to $227k (+14%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 92% 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 Senior Citizens Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 47th percentile within VT. Charities of a similar size with the same main cause include Turfgrass Association Inc-Tennessee ($227k), Sawtooth Interpretive and Historical Association ($227k) and Danville Girls Chorus Inc ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 49% of the total. Other salaries and wages came to $69k. At year end it held assets of $271k against liabilities of $2,071, net assets of $269k. It reported 6 employees.