Good Beginnings of Central Vermont

Analysis

Good Beginnings of Central Vermont is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in January 1998, 28 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, Good Beginnings of Central Vermont reported income of $108k and spending of $122k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $128k to $108k (-15%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Beginnings of Central Vermont sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 29th percentile within VT. Charities of a similar size with the same main cause include Minnesota Fraternal Order of Police Foundation ($108k), Embrace the Nations ($108k) and Peace Zone Inc ($108k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $91k against liabilities of $3,010, net assets of $88k.