Better Middlebury Partnership Inc

Analysis

Better Middlebury Partnership Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in November 1995, 31 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 June 2023, Better Middlebury Partnership Inc reported income of $79k and spending of $154k, spending 195% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $241k to $79k (-67%), an average of -67% a year. The sharpest change came in the year to June 2023, when income dropped by 67%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Better Middlebury Partnership Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 22nd percentile within VT. Charities of a similar size with the same main cause include Central Va Found for Economic Education & Improvement Incorp ($79k), The Counselors of Real Estate Foundation ($79k) and Rosemount Area Arts Council ($79k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 89% of the total. Other salaries and wages came to $64k. At year end it held assets of $51k against liabilities of $2,997, net assets of $48k. It reported 3 employees.